Description

BSE lists 85,92,206 new equity shares of Tega Industries Limited issued on preferential basis to promoters and non-promoters, effective December 31, 2025.

Summary

BSE has listed 85,92,206 new equity shares of Tega Industries Limited (Scrip Code: 543413) issued on a preferential basis to promoters and non-promoters. The shares will commence trading on December 31, 2025. The allotment was completed on November 28, 2025, at an issue price of Rs. 1,994 per share (face value Rs. 10 plus premium of Rs. 1,984). The new shares rank pari-passu with existing equity shares and are subject to lock-in periods.

Key Points

  • Total new shares listed: 85,92,206 equity shares of Rs. 10/- each
  • Issue price: Rs. 1,994 per share (Rs. 10 face value + Rs. 1,984 premium)
  • Date of allotment: November 28, 2025
  • Trading commencement date: December 31, 2025
  • Distribution numbers: 66535493 to 75127698
  • ISIN: INE011K01018
  • Shares rank pari-passu with existing equity shares
  • Two tranches with different lock-in periods

Regulatory Changes

No regulatory changes are announced in this circular. This is a standard listing notice for preferentially allotted securities.

Compliance Requirements

  • Trading members are informed of the new securities listing
  • Lock-in restrictions must be enforced as per SEBI regulations:
    • 7,72,313 shares (Dist. Nos. 66535493-67307805) locked until July 10, 2027
    • 78,19,893 shares (Dist. Nos. 67307806-75127698) locked until July 10, 2026

Important Dates

  • November 28, 2025: Date of allotment
  • December 31, 2025: Trading commencement date
  • July 10, 2026: Lock-in expiry for 78,19,893 shares
  • July 10, 2027: Lock-in expiry for 7,72,313 shares

Impact Assessment

The preferential allotment represents a significant capital raise for Tega Industries Limited at a substantial premium. With an issue price of Rs. 1,994 per share, the total capital raised amounts to approximately Rs. 171.36 crores. The lock-in provisions ensure that a majority of shares (78.19 lakh out of 85.92 lakh) will be locked for 18 months, while a smaller portion (7.72 lakh shares) will remain locked for 30 months. This staggered unlock mechanism provides stability and prevents immediate dilution pressure. Market participants should note the increased float post lock-in expiry dates.

Impact Justification

Standard preferential allotment listing with lock-in provisions. Medium impact due to significant dilution (85+ lakh shares) but routine corporate action.