Exemption Order in the matter of Tega Industries Limited
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What is this order about?
This order concerns an exemption request by Mehul Mohanka Benefit Trust and MM Business Trust for a proposed share transfer in Tega Industries Limited, which SEBI examined under the SAST Regulations.
Who it concerns
Mehul Mohanka Benefit Trust, MM Business Trust
What was found or directed
- Exemption sought from SAST Regulations 2011 for proposed share transfers
- No change in control or management of Tega Industries Limited
- Proposed transfers include direct gift of 72,78,925 shares (9.69%) and indirect transfer of 21,62,937 shares (99.96%) in NFSPL
- No alteration in total equity share capital of Target Company
- Trusts established for intergenerational succession and family succession
| Source body | Securities & Exchange Board of India (SEBI) — enforcement orders |
| Reference number | WTM/KCV/CFD/19/2025-26 |
| Status | closed (section: order) |
| Year | 2026 |
| Closing date | — |
| Documents | 1 |
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Documents
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Order
2026-01-27
exemption_order_tgil.pdf
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