Receipt of listing approval for 40.5 lakh equity shares issued to promoters on conversion of warrants
NSE has granted listing approval for 40.5 lakh equity shares of Re. 1/- each issued to promoters on a preferential basis after conversion of warrants.
By ScoutQuest · · 1 min read
- Shares approved for listing
- 40.5 lakh equity shares of Re. 1/- each
- Allottees / Basis
- issued to promoters on a preferential basis after conversion of warrants
- Distinctive numbers
- 18,95,01,981 to 19,35,51,980
What the company informed the exchanges
Tembo Global Industries Ltd has received a listing approval letter, Ref NSE/LIST/56624 dated November 04, 2026, from the National Stock Exchange of India Limited covering 40.5 lakh equity shares of face value Re. 1/- each. These shares were issued to promoters on a preferential basis pursuant to conversion of warrants.
The shares bear distinctive numbers from 18,95,01,981 to 19,35,51,980.
What this approval means
- The shares have been issued and the company has now received the exchange's in-principle approval for their listing.
- The NSE letter states the shares would be listed and admitted to dealings on the Exchange on receipt of confirmation from the depositories, NSDL and CDSL, for credit of the beneficiaries' accounts.
- So the approval is one step in the process: trading in these shares begins after the depository credit confirmation.
Why a retail investor may want to note it
- The number of equity shares in the listed capital goes up by 40.5 lakh shares of Re. 1/- each.
- The allottees are promoters, so the promoter group's holding rises by this number of shares.
- When more shares are in issue, the same earnings are spread across a larger number of shares. This is what is meant by dilution.
Other points stated in the letter
- The exchange has said it reserves the in-principle approval at a later stage if the information submitted is found to be incomplete, incorrect, misleading or false, or in contravention of the rules, bye-laws and regulations of the Exchange, SEBI (LODR) Regulations, 2015, or guidelines issued by statutory authorities.
- Copies of the NSE letter have been marked to NSDL and CDSL.
Also from Tembo Global Industries
Trading approval received for 40,50,000 preferential equity shares post warrant conversion
26 Oct 2026
Post-preferential shareholding of three proposed warrant allottees corrected
24 Oct 2026
Tembo Global Industries Performs Bhoomi Poojan for Defence Manufacturing Facility in Amravati
23 Oct 2026
More numbers
- Equity shares covered by the listing approval40,50,000
- Face value per equity shareRe. 1/-
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.