Tembo Global Industries Limited — JV/Acquisition, 26-12-2025: Amalgamation/Merger

Tembo Global Industries will merge with Tembo Global Infra to boost scale, leverage combined assets, enhance financial strength, and simplify the corporate structure. This move aims to drive operational efficiencies and enhance long-term shareholder value, though existing Tembo Global Industries shareholders will see some dilution from new share issuance. For every 1 share of Tembo Global Infra, shareholders will receive 24.6768 shares of Tembo Global Industries. The merger is subject to necessary approvals. As of Sept 30, 2025, Tembo Global Industries reported ~₹454.48 Cr revenue and ~₹232.47 Cr net worth, while Tembo Global Infra had ~₹7.50 Cr revenue and ~₹1.95 Cr net worth.