Tembo Global Industries Limited has informed the Exchange regarding a press release dated December 30, 2025, titled "Press Release for payment of fees paid towards Tembo Classic Engineering Private Limited (Formerly Known as Tembo Defence Products Private Limited) ".
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Tembo Global Industries' subsidiary, Tembo Classic Engineering (formerly Tembo Defence Products), has paid the required fees to obtain a defence manufacturing licence. This follows the MoU signed with the Government of Maharashtra at the World Economic Forum 2025 in Davos to set up a small arms manufacturing plant in partnership with MIDC. The proposed facility supports India's 'Make in India' and 'Aatmanirbhar Bharat' initiatives and is expected to create local jobs and boost domestic defence manufacturing. Tembo Global entered the defence products manufacturing space in 2024 as a diversification move, alongside its existing industrial fabrication, EPC contracting, textile trading, and solar power businesses.
This is a positive step forward for Tembo's defence ambitions, showing execution on its diversification plans. While the licence fee payment is a regulatory milestone, the actual impact on revenue will depend on the facility becoming operational and winning defence orders — investors should watch for further progress updates.