15 Sep 2025 | 3 Mins Read
Tega Industries shares surge over ₹4,000 crore fund approval
Flipitmoney
Tega Industries' board approved raising up to ₹4,000 crore via equity, convertibles, or debt in multiple methods. The company is acquiring Molycop in a $1.5 billion deal, expected to be earnings accretive from the second year. Shares gained 0.8% to ₹2,031.5, rising 9.6% in the last month and 50.3% in the last six months.