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Tega Industries Drops as CFO Manoj Agarwal Resigns

After the resignation of the chief financial officer (CFO), critical managerial personnel of the company Manoj Kumar Agarwal Tega Industries slipped by 1.45% to Rs 565.75.

On January 31, 2023, Agarwal shall be relieved from the company’s services. Kaushal Sureka, deputy general manager of finance & accounts, shall be in charge of the finance function. 

The company is to manufacture and distribute critical, specialized and recurring consumable products for the global mining, bulk solids handling industry and mineral beneficiation.

On a consolidated basis, the company’s net profit reported a 56.8% jump to Rs 35.35 crore on a 19.7% increase in net sales to Rs 276.19 crore in July-September of FY23 over July-September of FY22.

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