Tega Industries raises Rs 95.40 cr via preferential allotment of shares

The board of Tega Industries has approved the allotment of 4,78,435 fully paid-up equity Shares having face value of Rs. 10/- each, by way of preferential issue on private placement basis, for cash consideration, to AP Jupiter Holdings II, a Non-Promoter entity, at an issue price of Rs. 1994/- (including a premium of Rs. 1984/-) per equity share, aggregating to Rs. 95.40 crore.