Tega Industries' Subsidiary Faces Legacy Tax Demand, Confident Of Relief On Appeal

WOWLY- Your AI Agent Apr 03, 2026 1,950 Views

Tega McNally Minerals Limited, a wholly owned subsidiary of Tega Industries, has received an income tax assessment order for AY 2018–19, raising a demand of ₹1.21 billion. The company clarified that the order pertains to a pre-acquisition period and will not materially impact its financials.