Tembo Global Industries Limited — Others, 26-11-2024: Corrigendum

Tembo Global Industries Limited held an Extra Ordinary General Meeting where shareholders approved a special resolution related to a preferential issue of equity shares. A third corrigendum provides clarifications following queries from the National Stock Exchange. The minimum issue price for warrants is revised to ₹279.81 per equity share. Notably, no directors or key management plan to subscribe to the preferential issue, which totals ₹57 crores for 2 million shares. This decision may positively affect shareholder confidence, reflecting the company's commitment to transparency and governance while maintaining its capital structure.