Tega Industries Australia Pty Ltd Deregistered by ASIC
Tega Industries Limited has announced the deregistration of its wholly owned subsidiary, TEGA INDUSTRIES AUSTRALIA PTY LTD, following completion of requisite legal procedures.The Australian Securities & Investments Commission (ASIC) formally deregistered Tega Industries Australia Pty Ltd, effective June 02, 2026. This action was part of a process that included the reduction of the subsidiary's share capital through a return of capital to the parent company.
Tega Industries Limited stated that the deregistration, which was managed in accordance with applicable laws of the relevant jurisdiction, means that the subsidiary is no longer operational under Australian registration. The Company noted that TEGA INDUSTRIES AUSTRALIA PTY LTD was not a material subsidiary and therefore, this deregistration will not impact the business operations of Tega Industries Limited.
Details regarding the deregistered entity are as follows:
| Detail | Value |
|---|---|
| Subsidiary Name | TEGA INDUSTRIES AUSTRALIA PTY LTD |
| ACN | 100 864 944 |
| ABN | 72 100 864 944 |
| Status | Deregistered |
| Date Deregistered | June 02, 2026 |
| Regulator | Australian Securities & Investments Commission (ASIC) |
TEGA Stock Price Movement
Today, shares of Tega Industries Limited edged higher, gaining 2.69% to settle at ₹1872.2 in the post-market session. The stock saw a traded volume of 156,628 shares during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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