Tembo Global Industries Limited — Important, 09-04-2025: General Updates

The Board of Directors of Tembo Global Industries Limited has approved the Employee Stock Options Scheme 2025 (TGI ESOP Scheme 2025), subject to shareholder approval via postal ballot. This initiative aims to enhance employee engagement and retention by offering stock options, with a total of 10,00,000 shares covered under this scheme. The options can be exercised within a maximum period of 12 months from the date of their respective vesting. The Nomination and Remuneration Committee will oversee the framing and administration of the scheme. This development reflects the company’s commitment to rewarding its employees and aligning their interests with shareholder value, which could contribute positively to overall corporate performance. Watch closely for shareholder feedback and further updates on the scheme's implementation.