Tembo Global Industries Limited announced the outcome of a circular resolution passed by its Board of Directors for the allotment of 12,00,000 Share Warrants, convertible into Equity Shares on a preferential basis. This decision follows member approval obtained at an Extra-Ordinary General Meeting held on September 11, 2025, and 'In-Principal Approval' from NSE on December 11, 2025. The company approved the allotment of 12,00,000 warrants at a price of ₹492.00 each, including a Warrant Subscription Price of ₹123 and a warrant exercise price of ₹369. The total issue size aggregates up to ₹59,04,00,000 (Rupees Fifty Nine Crores Four Lakhs Only). Tembo Global has received an upfront payment of ₹14,76,00,000 (Rupees Fourteen Crores Seventy Six Lakhs Only) at ₹123 per warrant, representing 25% of the issue price, from three allottees belonging to the Promoter Category. Each warrant is convertible into one fully paid-up equity share of the Company, with a face value of ₹10, upon payment of the balance consideration of ₹369 per warrant within 18 months from the allotment date. The warrants allotted on a preferential basis will be subject to a lock-in period as per SEBI regulations. The company has also stated that there is no change in capital due to the allotment of these Share Warrants. The details of the allottees include Fatema Shabbir Kachwala (6,00,000 warrants for ₹7,38,00,000), Piyush Jashbhai Patel (5,00,000 warrants for ₹6,15,00,000), and Sanjay Patel Holdings Private Limited (1,00,000 warrants for ₹1,23,00,000).