Summary of Key Information:
Reporting Period (Quarter/Year): Not Specified
Nature of Filing / Announcement: Outcome of Board Meeting regarding preferential issue of warrants
Key Financial Highlights:
Not Specified
Corporate Actions:
- Raising of funds through issue and allotment of up to 2,00,00,000 (Two Crores) warrants
- Each warrant convertible into 1 (one) Equity Share of Face Value of Re. 1/- (Rupee One Only)
- Issue Price: Rs. 57/- (Rupees Fifty-Seven Only) including Premium of Rs. 56/- (Rupees Fifty-Six Only) per warrant
- Total maximum amount: Rs. 1,14,00,00,000/- (Rupees One Hundred Fourteen Crores Only)
- Conversion period: Within 18 months from date of allotment
- Conversion can be exercised in one or more tranches
- Full payment required before conversion option exercise
Investor Allocation Details:
Promoter Allottees:
- Fatema Shabbir Kachwala (P): 70,00,000 warrants, Investment: ₹39,90,00,000
- Taruna Piyush Patel (P): 17,50,000 warrants, Investment: ₹9,97,50,000
- Piyush Jashbhai Patel (P): 17,50,000 warrants, Investment: ₹9,97,50,000
- Sanjay Patel Holdings Private Limited (P): 35,00,000 warrants, Investment: ₹19,95,00,000
- Total Promoter Allocation: 1,40,00,000 warrants, Total Investment: ₹79,80,00,000
Non-Promoter Allottees:
- Zeal Global Opportunities Fund (NP): 20,00,000 warrants, Investment: ₹11,40,00,000
- AL Maha Investment Fund PCC ONYX Strategy (NP): 20,00,000 warrants, Investment: ₹11,40,00,000
- Maestro Emerging Fund PCC - Value Investing (NP): 20,00,000 warrants, Investment: ₹11,40,00,000
- Total Non-Promoter Allocation: 60,00,000 warrants, Total Investment: ₹34,20,00,000
Other Significant Information:
- Appointed Ms. Amita Karia, Practicing Company Secretaries (FCS: 11066), as Scrutinizer for e-voting process
- Meeting commenced at 04:30 PM and concluded at 05:00 PM
- Notice of EGM will be available on Company's website at www.tembo.in and NSE website