Tembo Global issues Corrigendum for EGM on Sep 4, 2026, detailing preferential issue

Tembo Global Industries Limited has issued a Corrigendum to its Notice of Extra Ordinary General Meeting (EGM), originally dated August 07, 2026. This corrigendum addresses changes and provides clarifications to the Explanatory Statement, which was previously emailed to shareholders on August 12, 2026. The EGM is scheduled to be held on Friday, September 04, 2026, at 12:30 PM IST through Video Conference/Other Audio-Visual Means.

The primary purpose of the corrigendum is to amend specific details concerning a proposed preferential issue of Convertible Warrants. The company has received observations from the National Stock Exchange of India Limited (NSE) and is rectifying the information as directed. The updated Explanatory Statement now details the utilization of the Issue Proceeds, amounting to a total of ₹114 Crores. These proceeds are allocated as follows: ₹25.50 Crores for investment in subsidiaries, ₹3.00 Crores for investment in associates, ₹57.00 Crores for working capital requirements, and up to ₹28.50 Crores for general corporate purposes. The utilization timelines for these funds are generally within 6 months from the receipt of respective proceeds.

The corrigendum also provides updated information on the proposed allottees of the warrants. It includes a revised table detailing the pre-preferential issue shareholding, the number of warrants to be issued, and the post-issue shareholding, both before and after the conversion of warrants. Notably, it clarifies that pre-issue shareholding figures are based on sub-divided, post-split equity shares. Specific website links for Valuation Reports and PCS Certificates have also been updated within the Explanatory Statement.

This Corrigendum is considered an integral part of the EGM Notice and will be made available on the NSE website and the company's website. All other contents of the original EGM Notice remain unchanged, except as modified by this corrigendum.