Tega HoldCo has exercised its Upsize Option, increasing its subscription amount by USD 35 million for additional investment in SG Company ordinary shares. Tega HoldCo’s total investment now reaches USD 394,295,423, holding approximately 84.2% of SG Company’s ordinary shares. Apollo HoldCo will invest a total of USD 74,107,477, holding around 15.8%. There is no change to the USD 270,000,000 investment in RPS Company.
Increased Investment in Subsidiary
Tega Industries announced that Tega HoldCo has exercised its Upsize Option to increase its investment in SG Company. This decision, dated November 29, 2025, involves a further investment of USD 35 million into SG Company’s ordinary shares.
Revised Investment Totals
Following the upsize option, Tega HoldCo will now invest a total of USD 394,295,423, acquiring 394,295,423 ordinary shares of SG Company. Upon completion, this investment will represent approximately 84.2% of SG Company’s total ordinary shareholding.
Apollo HoldCo will invest USD 74,107,477, acquiring 74,107,477 ordinary shares of SG Company. Post-investment, this stake will represent approximately 15.8% of the total ordinary shareholding of SG Company.
RPS Company Investment Unchanged
The proposed investment of USD 270,000,000 by Apollo HoldCo in redeemable preference shares of RPS Company remains unchanged, as previously outlined in the November 29, 2025 disclosure.
Source: BSE
