Tembo Global Industries Limited has informed the Exchange regarding Cessation of M/s MDSA & Associates as Other of the company w.e.f. September 16, 2025.
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Tembo Global Industries Limited has informed the stock exchange that M/s MDSA & Associates will cease to function in the role categorised as 'Other' within the company, effective September 16, 2025. No reason for the cessation has been disclosed in the filing. The announcement is purely administrative and does not indicate any change in the company's board of directors, leadership, or audit arrangements. Shareholders have not been provided with further details on what services MDSA & Associates were rendering or who, if anyone, will replace them.
This is a routine governance disclosure with no apparent material impact on the company's operations, financials, or shareholder value. The stock is unlikely to see any meaningful price movement from this announcement.