Tega Industries Limited announced that it has received in-principle approval from the National Stock Exchange of India Limited (NSE) and BSE Limited for the issue and allotment of 1,00,33,090 equity shares of ₹10/- each. These shares will be issued at an issue price of ₹1,994/- per equity share to Promoters and Non-Promoters on a preferential basis. The total value of this preferential issue amounts to approximately ₹1,999.60 crore (₹19.996 billion). This approval permits the company to proceed with the issuance and allotment of these equity shares.
