Tega Industries Limited has disclosed an inter-se transfer of 72,78,925 equity shares, representing 9.69% of its total paid-up capital. The shares were transferred by Mr. Manish Mohanka, a promoter of the company, to MM Business Trust, a member of the promoter group, as a gift through an off-market transaction on 23 March 2026. This transfer was conducted under the exemption granted by the Securities and Exchange Board of India (SEBI) through its order dated 27 January 2026.
The transaction does not alter the aggregate holding of the promoter and promoter group category, which remains unchanged at 67.50% of the company’s total share capital. The shares carry voting rights, but the transfer does not affect the control and management of Tega Industries.
The equity share capital of Tega Industries before and after the acquisition stands at ₹75,12,76,980, comprising 7,51,27,698 fully paid equity shares of ₹10 each. The transaction was reported in compliance with Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).