Tembo has informed the Exchange regarding Outcome of the circular resolution passed by the board of Directors for allotment of12,00,000 Share Warrants convertible into Equity Shares on December 18, 2025.
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Tembo Global Industries has informed the exchange about a board circular resolution passed on December 18, 2025, approving the allotment of 12,00,000 (12 lakh) share warrants. These warrants are convertible into equity shares at a later date as per terms set by the company. Share warrants are instruments that give the holder the right (but not obligation) to buy equity shares at a pre-agreed price in the future. The company has not disclosed in this filing the conversion price, the identity of allottees, or the purpose of the fundraising.
This allotment could lead to future dilution of equity when the warrants are eventually exercised and converted into shares. Shareholders should watch for the conversion price and identity of allottees, as warrant issues to promoters signal confidence, while issues to other parties may raise dilution concerns.