Tembo Global Industries Limited — Others, 17-01-2025: Amendment to AOA/MOA

The Board has approved alterations to the Object Clause in the Memorandum of Association to include solar energy generation and distribution. Additionally, the Board sanctioned a Postal Ballot Notice for shareholder approval on this change. Notably, it has converted 18,00,000 convertible warrants into equity shares, resulting in an increase in paid-up capital from 11,103,746 to 12,903,746 shares, raising ₹41.4 crore from the conversion. This strategic move enhances the company's profile in the renewable energy sector and may positively influence investor sentiment, presenting growth opportunities in an expanding market.