Tega Industries Restructures International Presence, De-registers Australia Unit

Tega Industries Ltd, a leading manufacturer of consumables for the mining industry, has taken a decisive step in restructuring its international presence. The Board has approved the de-registration of Tega Industries Australia Pty Ltd, signaling a strategic realignment of operations.

Key Highlights:

• Board Decision: Approval granted for de-registration of Australian subsidiary.
• Strategic Intent: Focus on consolidating resources and strengthening operations in core geographies.
• Operational Impact: The move is expected to reduce administrative overheads and improve efficiency.
• Global Outlook: Tega continues to expand in high-growth mining markets while optimizing its international structure.

This development underscores Tega’s commitment to operational efficiency and strategic clarity, ensuring that its global presence remains aligned with long-term growth objectives.

Sources: Company Filings, Reuters