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 stock exchange about the outcome of a circular resolution passed by its Board of Directors for the allotment of 12,00,000 (12 lakh) share warrants. These warrants are convertible into equity shares of the company. The resolution was passed on December 18, 2025, indicating the company is raising capital or compensating certain parties through instruments that will convert into equity at a later date. The specific terms such as the conversion price, the allottees, and the purpose of the issuance were not detailed in the headline.
Shareholders should note that upon conversion of these 12 lakh warrants, the total equity share base of the company will expand, leading to potential dilution of existing shareholding. The stock may see short-term volatility depending on the conversion price and the identity of the allottees.