TGTembo Global Industries544987Preferential allotment

Post-preferential shareholding of three proposed warrant allottees corrected

Tembo Global clarified that post-preferential shareholding percentages of 3 proposed warrant allottees were incorrectly stated in the EGM Notice and Corrigendum.

By ScoutQuest · Sat 24 Oct 2026, 1:34 PM IST · 2 min read

Corrected post-preferential holding - Fatema Shabbir Kachwala

4,05,42,000 shares (17.97%)

Corrected post-preferential holding - Piyush Jashbhai Patel

88,71,000 shares (3.93%)

Corrected post-preferential holding - Sanjay Patel Holdings Private…

35,00,000 shares (1.55%)

What the company has said

Tembo Global Industries has written to NSE and BSE to clarify that the post-preferential shareholding percentages of three proposed allottees were incorrectly stated in the Notice of the Extra-Ordinary General Meeting dated August 07, 2026 and in the Corrigendum issued in connection with the proposed preferential issue of Convertible Warrants. The company says the corrected details supersede the earlier ones and that all other terms and conditions of the proposed preferential issue remain unchanged.

The corrected details

• Fatema Shabbir Kachwala: pre-preferential holding 3,35,42,000 shares (17.33%); 70,00,000 securities to be allotted; post-preferential holding 4,05,42,000 shares (17.97%).
• Piyush Jashbhai Patel: pre-preferential holding 71,21,000 shares (3.68%); 17,50,000 securities to be allotted; post-preferential holding 88,71,000 shares (3.93%).
• Sanjay Patel Holdings Private Limited: pre-preferential holding 0 shares (0%); 35,00,000 securities to be allotted; post-preferential holding 35,00,000 shares (1.55%).

What this means in plain words

A preferential issue of convertible warrants means the company proposes to allot warrants to chosen investors, which later convert into equity shares. When that happens the total number of shares rises, so each allottee's stake in the company works out to a different percentage than before. This update restates, for these three proposed allottees, how many shares they would hold after the allotment and what percentage of the company that would represent.

What changed and what did not

• The correction is limited to the post-preferential shareholding details of these three proposed allottees.
• The corrected details supersede the corresponding details given in the EGM Notice and the Corrigendum.
• All other terms and conditions of the proposed preferential issue remain unchanged.

Points a retail investor may note

• The company has described the earlier figures as an inadvertent discrepancy and says it is rectifying them so the shareholding details are accurately reflected.
• The disclosure concerns a proposed issue; the figures describe the position after allotment as it would stand if the issue proceeds on these terms.
• The company has stated that it regrets the discrepancy and that corrective measures are being undertaken for consistency and accuracy in its disclosures.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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