Tega Industries Announces 50th AGM and Annual Report for FY 2025-26

Tega Industries Limited has announced its 50th Annual General Meeting (AGM), coinciding with the release of its Annual Report for the Financial Year ended March 31, 2026. The company has dispatched these documents electronically to its shareholders whose email addresses are registered. For shareholders whose email addresses are not registered, a letter is being sent providing a weblink to access the Annual Report on the company's website. The AGM notice and Annual Report are also available on the company's website at https://www.tegaindustries.com/investor/#agm.

The Annual Report highlights a significant year for Tega, marked by its 50th anniversary and the transformative acquisition of Molycop. The report details the company's consolidated income for FY 2025-26, which stood at ₹17,736 million, with EBITDA before exceptional items reaching ₹3,967 million. The acquisition of Molycop, completed on June 1, 2026, for an enterprise value of approximately USD 1.5 billion, is presented as a key strategic move to create a more comprehensive mining solutions platform. Tega's consumables business contributed 84% of the group revenue, while the equipment business showed strong growth. The report also emphasizes the company's commitment to health, safety, and environmental stewardship through its SAVE framework, aiming for a 20% reduction in Scope 1 and Scope 2 GHG emissions by FY 2029-30. CSR initiatives focused on education and livelihood development impacted over 9,000 individuals. The company financed the Molycop acquisition through a ₹1,713 Crore preferential equity issuance and a ₹1,500 Crore debt facility.