Date: July 22, 2026

Board Meeting Outcomes

  • The Board of Directors approved via circular resolution passed on July 22, 2026 the allotment of 75,000 equity shares of ₹10 each upon conversion/exchange of equal number of warrants
  • The conversion was approved upon receipt of written notice and balance 75% payment from the warrant holder

Financial Results

  • The issued and paid-up capital increased from ₹19,28,01,980 divided into 1,92,80,198 equity shares to ₹19,35,51,980 divided into 1,93,55,198 equity shares of ₹10 each
  • The conversion resulted in receipt of ₹1,60,31,250 as balance payment at the rate of ₹213.75 per warrant

Warrant Conversion Details

Allottee Information:

  • Name: Ms. Fatema Kachwala
  • Category: Promoter
  • Number of Warrants allotted: 4,05,000
  • Number of Warrants Converted Prior to this conversion: 3,30,000
  • Number of Equity Shares Allotted against Conversion of Warrant: 75,000
  • Warrant Exercise Price Received: ₹1,60,31,250 (@ ₹213.75 per warrant)
  • Balance Outstanding Warrants for conversion: NIL

Issue Details:

  • Type of issuance: Preferential allotment (Conversion of Warrants into Equity Shares)
  • Total securities issued: 75,000 fully paid-up equity shares of face value ₹10 each
  • Issue price: ₹285 per share (including Premium of ₹275 per Equity Share)
  • Number of investors: 1

Warrant Terms:

  • Warrants were originally allotted on January 28, 2025
  • Each warrant convertible into one equity share
  • Tenure: 18 months from date of allotment
  • Initial payment: 25% of issue price (₹71.25 per warrant) received at allotment
  • Balance payment: 75% of issue price (₹213.75 per warrant) payable upon conversion
  • Unexercised warrants lapse after 18 months with forfeiture of amount paid

Additional Information

  • The new equity shares rank pari-passu with existing equity shares
  • Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Reference to SEBI circular: SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
  • Information available on company website: www.tembo.in