Tembo Global Industries Limited — Pledging, 18-11-2025: Pledge/Unpledge
18-11-2025 | 07:36 pm
18-11-2025 | 07:36 pm
Promoter Mrs. Taruna Piyush Patel of Tembo Global Industries has pledged 3,02,000 equity shares, constituting 2.10% of the total paid-up share capital, with Ms. Badjate Stock Broking Private Ltd. on November 11, 2025. This pledge serves as collateral for a loan of ₹5.00 Cr. The pledged shares are valued at approximately ₹20.52 Cr as of the event date, resulting in a security cover ratio of 2.44. The transaction impacts the promoter's overall holding, with about 29.07% of her shares now encumbered. Investors should note this move as it indicates a portion of the promoter's stake being utilized for funding, though it's specified for providing collateral by the promoter.
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