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Tega Industries Ltd.

BSE: 543413 Sector: Others
NSE: TEGA ISIN Code: INE011K01018
BSE 00:00 | 12 Aug 493.45 1.95
(0.40%)
OPEN

490.45

HIGH

495.00

LOW

486.00

NSE 15:59 | 12 Aug 493.35 0.75
(0.15%)
OPEN

490.00

HIGH

495.00

LOW

485.50

OPEN 490.45
PREVIOUS CLOSE 491.50
VOLUME 9187
52-Week high 767.10
52-Week low 398.00
P/E 33.01
Mkt Cap.(Rs cr) 3,271
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 490.45
CLOSE 491.50
VOLUME 9187
52-Week high 767.10
52-Week low 398.00
P/E 33.01
Mkt Cap.(Rs cr) 3,271
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Tega Industries Ltd. (TEGA) - Company History

The company was incorporated as Tega India Limited on 15 May 1976 and the company received a certificate of commencement of business on 28 May 1976. Pursuant to a special resolution passed by the Shareholders on 04 January 2002 and with the approval of the Central Government on 31 January 2002 the name of the Company was changed to Tega Industries Limited on 01 February 2002.Tega Industries is a leading manufacturer and distributor of specialized `critical to operate' and recurring consumable products for the global mineral beneficiation mining and bulk solids handling industry. The company offers comprehensive solutions to marquee global clients in the mineral beneficiation mining and bulk solids handling industry through its wide product portfolio of specialized abrasion and wear-resistant rubber polyurethane steel and ceramic based lining components used by its customers across different stages of mining and mineral processing screening grinding and material handling including after-market spends on wear spare parts grinding media and power which are regular operating expenses for the customers.The product portfolio comprises more than 55 mineral processing and material handling products.The company commenced operations in 1978 in India with a foreign collobaration with Skega AB Sweden. Madan Mohan Mohanka acquired the entire equity stake of Skega AB in 2001.On 05 October 2013the company has allotted 53170032 equity shares of Rs 10 each as bonus shares to the shareholders in the ratio of 12:1.During the month of December 2021the company came out with an Rs 619.23-crore IPO that was entirely an offer for sale by selling shareholders.The IPO shares were allotted at the price of Rs 453 per share including a premium of Rs 443 per share.The allotted shares were listed on the BSE Ltd and National Stock Exchange of India Ltd(NSE) on 13 December 2021.

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