Corporate Action26 Oct 2026, 01:09 pm
Tembo Global Industries: Trading Approval for 40.5 Lakh Equity Shares
AI Summary
Tembo Global Industries Ltd has received trading approval from the National Stock Exchange (NSE) for 40,50,000 equity shares of Re. 1 each. These shares were issued pursuant to the conversion of warrants on a preferential basis. The shares are admitted to dealings on the exchange effective October 26, 2026. A portion of these shares (20,25,000) will be under lock-in until April 30, 2028, and the remaining 20,25,000 until April 29, 2028.
Key Highlights
- Trading approval received for 40,50,000 equity shares.
- Shares issued via preferential conversion of warrants.
- Listing effective from October 26, 2026.
- Partial lock-in period until April 2028.
- NSE approval facilitates further trading.
Price Impact
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