Intimation of Receipt of In principal approval for listing of 19,79,000 Equity Shares of Rs. 10/- each allotted on preferential basis

Tembo Global Industries has received in-principle approval from the stock exchange to list 19,79,000 equity shares with a face value of Rs. 10 each. These shares were allotted to certain investors on a preferential basis earlier. The approval means the company has cleared the exchange's initial listing requirements, and the shares are one step closer to being tradable on the stock exchange. The preferential route typically allows companies to raise capital quickly from selected investors without a public issue. Once the final listing approval comes through, these shares will become eligible for trading alongside existing shares.