24,00,000 Equity shares of Rs. 10/- each pursuant to conversion of warrants. dated December 11, 2025 from…
As filed · General Updates
What happened
Fact24,00,000 Equity shares of Rs. 10/- each pursuant to conversion of warrants. dated December 11, 2025 from National Stock Exchange of India Limited, the company has. received the In-principal approval for issue of 24,00,000 Equity shares of Rs. 10/- each.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
RevisedAnd as mentioned, so there are around INR 2,400 crores plus of projects in pipeline.
And current order book is INR 1,500 crores.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
- Based on the encouraging start to the year and the strength of the current business pipeline, we expect this g (management committed by FY27)
- The JV aims to achieve at least INR 100 crores of revenue in its first year of operations. (management committed by FY27)
Evidence
- Tembo Global Industries Limited has informed the Exchange about preferential issue of 24,00,000 Equity shares of Rs. 10/- each pursuant to conversion of warrants.(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- PREFERENTIAL_ALLOTMENT base 66; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%