Tega Industries Limited — Important, 22-05-2025: General Updates

Tega Industries has sold its Australian business from one wholly owned subsidiary to another for AUD 1.9 million in cash, aiming to streamline operations and enhance synergies in the Australian market. The unit contributed INR 27.7 Cr (1.69% of consolidated revenue) and INR 9.49 Cr (0.68% of net worth) last year. The move is expected to improve strategic focus within the group without impacting overall financial strength.