Tembo Global Industries Limited has informed the Exchange about General Updates
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Tembo Global Industries has received NSE approval to list 18 lakh new equity shares (face value Rs. 10 each) issued on a preferential basis through the conversion of warrants. These shares, with distinctive numbers from 11103747 to 12903746, will be admitted to trading on the NSE from June 30, 2025. All 18 lakh shares are subject to a lock-in period, with most blocks locked until December 30 or 31, 2025, meaning the allottees cannot sell these shares before that date.
This issuance results in dilution of existing shareholders' stake by 18 lakh new shares. However, since the entire allotment is under lock-in until late December 2025, there is no immediate supply overhang on the stock. Shareholders should note the potential dilution impact once the lock-in ends and these shares become tradeable.