Tembo Global Industries Limited has informed the Exchange regarding 'Comments of the Board of Directors on fine levied by the Exchanges'.
TEMBO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 0.6 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Tembo Global Industries received a fine notice from NSE for non-compliance with Regulation 17(1A) of SEBI LODR Regulations. The violation involved the company failing to obtain a special shareholder resolution for continuation of a Non-Executive Director's directorship after the director turned 75 years old. NSE imposed a fine of Rs. 1,42,000 (plus Rs. 25,560 GST at 18%, totaling Rs. 1,67,560) for 71 days of non-compliance during the quarter ending December 2025. The company paid the fine within the prescribed timeline. The Board reviewed the matter on May 25, 2026, and noted the non-compliance was inadvertent and unintentional, advising management to ensure timely compliance going forward.
This is a routine regulatory compliance matter with a minor penalty. The fine has been paid, indicating the issue is resolved. The stock is unlikely to see significant negative impact, though it highlights governance gaps that investors should monitor.