Tega completes Molycop acquisition with Apollo Funds at approx. USD 1.5 billion EV
Tega Industries · Industrial Manufacturing
Key highlights
- Acquisition completed June 1, 2026, at an enterprise value of approx. USD 1.5 billion
- Tega is the controlling shareholder of Molycop, with Apollo Funds owning a significant minority equity interest
- Molycop has 13 manufacturing facilities and 3 active joint ventures; its client network covers 400+ mines in 40 countries
Why it's rated major development: the amount is 104% of market value (50% or more)
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
Aerospace & Defense
Sign up free to see all 6 →
See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
More from Tega Industries
- Board / shareholder meeting outcomeNotableTega Industries Limited announces Postal Ballot result approving preferential issue fund raise
- Acquisition / mergerMajor development· Adverse for the businessTega Industries reports Q1 FY 2026-27 results and acquisition completion
- Acquisition / mergerMajor developmentTega Industries completes acquisition of Molycop group as of June 1, 2026
- Acquisition / mergerNotableTega Industries executes ₹1500 crore term loan facility agreement with banks
- Acquisition / mergerNotableTega Industries approved up to USD 5 million investment in Tega MC Investment Pte. Ltd.
Other acquisition / merger filings this fortnight
- IndiGrid Infrastructure Trust Q2 FY27 Earnings Conference Call Transcript Released
- Cubical Financial Services Ltd announces promoter reclassification post open offer
- Novus Loyalty Limited approves acquisition of AutoPe Payment Solutions via share swap
- Shish Industries Limited files Composite Scheme of Amalgamation proposal
- Jubilant Ingrevia Limited updates on acquisition of 40% stake in Zettaone Technologies
- NHC Foods approves quarter results, 99.98% Sachmaas Foods investment, two appointments
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Manufacturing
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.