Tembo Global Industries Limited — Updates, 10-04-2025: Press Release (Revised)

Tembo Global Industries Limited is undergoing a significant transition with the incorporation of new independent directors and a Chief Financial Officer. Mr. Sanjay Patel, Managing Director, highlighted the transformative nature of these appointments, aimed at enhancing sustainable growth and governance. The new board members include Ms. Homai A. Daruwalla, a veteran banker with over 33 years of experience across major banks; Mr. Girish Jethmalani, who has 24 years of proficiency in finance and operational excellence; Mr. Ajay Madan, with over 35 years in corporate audits and taxation; Mr. Sumantra Sarathi Mahata, a qualified legal expert; and Mr. Nikunj Barot, an accomplished tax specialist. This strategic bolstering of leadership, with a combined experience of 20 to 35 years, is expected to drive the company's growth initiatives effectively. The changes reflect a positive outlook for Tembo, marking a crucial step in their strategic journey.