Tata AIA Life Insurance increased its stake in Tega Industries Limited from 2.76% to 2.97%, acquiring 155,664 additional shares. The value of these shares is ₹24.29 crore, based on the share price of ₹1560.30.
A manufacturer of specialized consumable products for the global mining and mineral processing industry, Tega Industries serves the bulk solids handling sector with polymer-based mill liners and related critical equipment. Established in 1976, the company operates across multiple geographies and serves infrastructure requirements in mining operations worldwide. Its focus on durable, recurring-use industrial components and vertical integration distinguishes it within the global beneficiation sector.
Joint venture between Tata Sons and AIA Group. AUM crossed Rs 1.3 lakh crore in May 2025, growing 27% YoY, making it one of the fastest-growing equity-oriented insurers in India. CIO Harshad Patil has run the investment book since 2014. Flagship Multi Cap Fund delivered 31.4% CAGR over 5 years, among the strongest performance in the ULIP universe.
