Introduction
Leading industrial company, in consortium with global investment funds, plans to acquire a major mining consumables supplier for USD 1.5 billion, expanding its global footprint, manufacturing capacity, and product offerings across multiple regions.
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Share price movement of Tega Industries
On September 11, 2025, Tega Industries Ltd opened at ₹2,083.00, down 1.41% from its previous close of ₹2,079.65. The stock reached a high of ₹2,110.00 (1.44% increase) and a low of ₹1,997.15. By 11:36 AM, it traded at ₹2,050.25, a -1.41% decrease, with a market cap of ₹13,641.44 crore.
Tega Industries to Acquire Molycop for $1.5B
Tega Industries, in consortium with Apollo-managed funds, entered a term sheet to acquire Molycop a leading global supplier in grinding media for the mining industry, from American Industrial Partners at an enterprise value of approximately USD 1.5 billion.
Tega Industries will be the controlling shareholder of Molycop, with Apollo Funds owning a significant minority equity interest. The combined revenue of Tega Industries and Molycop is USD 1.73 billion (INR 15,207 crore) in revenue and USD 217 million (INR 1,906 crore).
The acquisition adds Molycop’s 13 manufacturing facilities and three joint ventures to Tega Industries’ existing operations. The combined entity will have a presence in 26 global manufacturing sites across multiple regions.
Stock performance of Tega Industries for Period of 1 week, 6 months, and 1 year
Tega Industries Ltd delivered a 5.58% return over the past week, it gained 63.0% in the past six months. The stock increased 14.6% over the past year.
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Shareholding pattern of Tega Industries
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 74.80% | 74.80% | 74.80% |
| FII | 1.80% | 1.70% | 1.70% |
| DII | 18.40% | 18.80% | 19.00% |
| Public | 5.10% | 4.70% | 5% |
About Tega Industries
Tega Industries Ltd (NSE: TEGA) designs and manufactures critical-to-operate consumables for mining and material handling industries. Established in 1976, it serves over 92 countries, providing innovative solutions to global mining companies.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
A: Tega Industries Ltd share is in focus for entering a term sheet to acquire Molycop for approximately USD 1.5 billion with Apollo-managed funds.
A: Tega Industries Ltd designs and manufactures critical-to-operate consumables for mining, mineral processing, and material handling industries globally.
A: Tega Industries Ltd has a 52-week high of ₹2,327.45 and a low of ₹1,205.75.

