TITega Industries543413Preferential allotment

Auditor certificate under Reg 169(5) of SEBI ICDR Regulations for preferential allotment of 4,78,435 equity shares

Statutory auditor Walker Chandiok & Co LLP certifies compliance with Reg.

By ScoutQuest · Fri 16 Oct 2026, 6:15 PM IST · 2 min read

Equity shares allotted

4,78,435 equity shares

Price per equity share

Rs. 1,994 per equity share

Amount received

Rs. 95,39,99,390

Auditor's certificate on a preferential allotment

Tega Industries Ltd has submitted to BSE Limited and the National Stock Exchange of India Limited a certificate from its statutory auditor, M/s Walker Chandiok & Co LLP, Chartered Accountants, issued under Regulation 169(5) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The certificate confirms the company's compliance with Regulation 169(4) of these regulations for a preferential issue of equity shares, and states that the relevant documents are maintained by the company as on the date of the certificate.

What the certificate records

• Allotment money aggregating to Rs. 95,39,99,390 was realised from the allottee on 14 October 2026 against the allotment of 4,78,435 equity shares made on 15 October 2026.
• The auditor states there is no circulation of funds or mere passing of book entries in this regard.
• Consideration for the equity shares was paid in cash and received from the allottee's bank account, with the relevant documents maintained by the company.
• The consideration received is kept in a separate bank account maintained with Standard Chartered Bank, New Alipore Branch, Kolkata.
• In the auditor's opinion, the details stated in the accompanying Statement are in agreement with the underlying books of accounts and other relevant records and documents of the company as on the date of the certificate.

Allottee and issue details

• Allottee: AP Jupiter Holdings II, Ltd.
• Number of equity shares allotted: 4,78,435
• Price per equity share: Rs. 1,994
• Amount received at the time of allotment: Rs. 95,39,99,390, received in bank on 14.10.2026
• Grand total of shares allotted: 4,78,435

Approvals the auditor examined

• Board of Directors resolution dated 22 August 2026 for the preferential issue of equity shares to certain investors on a private placement basis.
• Special resolution passed by shareholders through postal ballot effective dated 21 September 2026, with the scrutinizer's report dated 22 September 2026 and declaration of results of postal ballot through remote e-voting dated 23 September 2026.
• Board of Directors resolution dated 15 October 2026 approving the allotment of equity shares on a preferential basis through private placement.

What this means for retail investors

• The document is a confirmation from the company's statutory auditor that the preferential allotment process and the receipt of consideration met the prescribed conditions.
• It records that the money for the new shares came into the company's bank account from the allottee, rather than being adjusted through book entries.
• The newly allotted 4,78,435 equity shares add to the company's issued equity share capital, which is a relevant factor for existing shareholders when reading the shareholding pattern.

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