Announced Thu, 18 Dec, 2025 · 10:43 IST
Tembo allots 12 lakh convertible warrants to promoters at Rs 492 each
TEMBO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Board allotted 12,00,000 convertible warrants at Rs 492 each to 3 promoter-group allottees (Fatema Kachwala, Piyush Patel, Sanjay Patel Holdings). Total issue size about Rs 59.04 crore, with 25 percent upfront (Rs 14.76 crore) already received. Each warrant converts to 1 equity share of Rs 10 face value within 18 months on payment of the remaining Rs 369. No change in share capital yet, and lock-in rules apply.
Likely market impact
Promoter-group fundraising via warrants; potential dilution of up to 12 lakh shares if all warrants are converted within 18 months.