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Established in 1976, Tega Industries is a leading manufacturer and distributor of specialized, critical, and recurring consumable products for the global mineral beneficiation, mining, and bulk solids handling industry. Globally, Tega industries are the second largest producers of polymer-based mill liners, based on revenues for the year 2020.
Tega Industries has expanded its global footprint through its subsidiary, which incorporated a new step-down subsidiary in Dubai named Tega Molycop Management Consultancy L.L.C. This entity will focus on marketing research, management, and human resources consultancies, enhancing the company's service offerings in the region.
Tega Industries reported an internal compliance breach: a Designated Person traded 20 shares (Rs. 42,002) during a closed trading window. Citing a minor, unintentional first-time offense, the committee opted for a warning, not a penalty. Good sign of internal controls.
Tega Industries' wholly owned material subsidiary, Tega McNally Minerals Limited, has appointed Mr. Anand Sen as an Additional Non-Executive Independent Director to its Board. Mr. Sen, who also serves as a Non-Executive Independent Director on Tega Industries' board, will join the subsidiary's board for a five-year term. This appointment leverages...
Tega McNally Minerals, a wholly owned subsidiary, has secured enhanced bank loan facilities of Rs. 220 Cr, up from Rs. 120 Cr. CRISIL has reaffirmed its long-term rating at AA- (CE) with a stable outlook and assigned new ratings of A (long term) and A1 (short term) for other facilities....
Tega McNally Minerals, a wholly owned subsidiary of Tega Industries, has appointed Mr. Sourav Sen as CEO, succeeding Mr. Syed Yaver Imam who stepped down due to personal reasons. This leadership change is expected to steer strategic focus in the subsidiary’s operations.