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Tega Industries Secures NSE, BSE Listing for Preferential Allotment Shares

Story Highlights
  • Tega Industries obtained NSE and BSE listing for 8.59 million preferential equity shares.
  • The new listing raises its paid-up equity capital to Rs 75.13 crore, enhancing market float.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tega Industries Secures NSE, BSE Listing for Preferential Allotment Shares

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An update from Tega Industries Ltd. ( (IN:TEGA) ) is now available.

Tega Industries Limited has received listing approval from the National Stock Exchange of India and BSE for 8,592,206 equity shares of Rs 10 each issued on a preferential basis to promoters and non-promoters, increasing its listed capital to Rs 75.13 crore, comprising 7,51,27,698 fully paid equity shares. The expanded equity base reflects a completed preferential allotment that strengthens the company’s capital structure and broadens its shareholder base, with potential implications for liquidity and market visibility of the stock.

More about Tega Industries Ltd.

Average Trading Volume: 9,786

Technical Sentiment Signal: Buy

Current Market Cap: 127.1B INR

See more data about TEGA stock on TipRanks’ Stock Analysis page.

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