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Tembo Global Industries Ltd. ( (IN:TEMBO) ) has provided an update.
Tembo Global Industries Limited has announced the allotment of 239,525 equity shares through a preferential issue, as approved by the board of directors. The shares, priced at Rs. 492 each, are allocated to non-promoter entities, totaling Rs. 11.78 crore. These shares will be locked-in for a specified period, aligning with SEBI regulations, and will rank equally with existing shares.
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