Date: July 13, 2026

Board Meeting Outcomes

The Board of Directors approved, via circular resolution passed on July 13, 2026, the allotment of 70,000 equity shares of ₹10 each upon conversion/exchange of an equal number of warrants held by promoter Ms. Fatema Kachwala.

Financial Results (Standalone & Consolidated)

Consequent to the allotment, the issued and paid-up capital of the Company increased from ₹18,95,01,980 (divided into 1,89,50,198 equity shares of ₹10 each) to ₹19,02,01,980 (divided into 1,90,20,198 equity shares of ₹10 each).

Disinvestment / Strategic Actions

Warrant Conversion Details:

  • Name of Allottee: Ms. Fatema Kachwala (Promoter)
  • Original Warrant Allotment: 4,05,000 warrants allotted on January 28, 2025
  • Warrants Converted Prior: None
  • Equity Shares Allotted: 70,000
  • Warrant Exercise Price Received: ₹1,49,62,500 (@ ₹213.75 per warrant)
  • Balance Outstanding Warrants: 3,35,000

Financial Terms:

  • Each warrant was convertible into one fully paid-up equity share of ₹10 each
  • Issue price per warrant: ₹285
  • Initial payment: 25% (₹71.25 per warrant) paid at allotment
  • Balance payment: 75% (₹213.75 per warrant) paid upon conversion
  • Total amount received for this conversion: ₹1,49,62,500

Share Characteristics:

The new equity shares allotted on preferential basis rank pari-passu with existing equity shares in all respects.

Warrant Terms:

  • Tenure: 18 months from date of allotment (January 28, 2025)
  • Conversion right: 1 equity share per warrant
  • Conversion may be exercised in one or more tranches during the 18-month period
  • Unexercised warrants after 18 months lapse, and amounts paid are forfeited by the Company

Regulation, Compliance & Legal

Regulatory References:

  • Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Reference to SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
  • Compliance with Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018

Other Operational / Legal / Strategic Disclosures

The information has been made available on the company website at www.tembo.in.