TEMBONSETembo Global Industries LimitedMediumNeutral
Announced Fri, 29 Aug · 18:03 IST

Tembo Global Industries Limited has informed the Exchange about General Updates

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TEMBO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tembo Global Industries has received in-principle approval from NSE for listing of 5,84,400 equity shares of face value Rs. 10 each. These shares were allotted upon conversion of warrants that had been issued on a preferential basis earlier. The approval, granted on August 28, 2025, covers shares with distinctive numbers from 14882747 to 15467146. The shares will be admitted to trading on the exchange once the depositories (NSDL/CDSL) confirm the credit to shareholders' accounts. This is a routine listing approval following the conversion of warrants into full equity shares.

Likely market impact

This is a procedural step that increases the company's listed share count and may result in mild dilution for existing shareholders. The actual impact on the stock price is likely to be minimal as it simply formalises shares that were already allotted.