Trading approval received for 40,50,000 preferential equity shares post warrant conversion
NSE trading approval received for 40.5 lakh equity shares of Re. 1/- each, issued on a preferential basis after conversion of warrants.
By ScoutQuest · · 1 min read
- Shares approved
- 40.5 lakh equity shares of Re. 1/- each
- Listing date
- October 26, 2026
- Lock-in
- 20,25,000 shares till 30-Apr-2028; 20,25,000 shares till 29-Apr-2028
What the company informed the exchanges
Tembo Global Industries Ltd has told the stock exchanges that NSE has granted trading approval for 40.5 lakh equity shares of Re. 1/- each. These shares were allotted on a preferential basis pursuant to conversion of warrants.
Listing details
- The shares are listed and admitted to dealings on NSE from October 26, 2026.
- Trading symbol is TEMBO and the series is EQ.
- The shares bear distinctive numbers from 185451981 to 189501980.
Lock-in on the new shares
- 20,25,000 shares are locked in up to 30-Apr-2028.
- Another 20,25,000 shares are locked in up to 29-Apr-2028.
- Together these make up the full 40.5 lakh shares.
A lock-in means the holders of these shares cannot sell them until the stated date.
What this means for retail investors
- A preferential issue goes through stages: warrants are issued, the warrants are converted into shares, the shares are allotted, and then the exchange gives trading approval. This update records that last step — the new shares can now be traded on NSE.
- The issue adds 40.5 lakh equity shares to the company's equity share capital. When more shares are issued, an existing shareholder's percentage stake in the company works out smaller unless that shareholder also holds more shares.
- Because the entire block of 40.5 lakh shares carries lock-in up to April 2028, these shares are not free to be sold on the exchange before those dates.
- The conversion of warrants into shares had already happened at the allotment stage; this intimation is about the shares becoming listed and tradable, not about fresh money coming in now.
Also from Tembo Global Industries
Receipt of listing approval for 40.5 lakh equity shares issued to promoters on conversion of warrants
4 Nov 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 trading approval40,50,000 Equity shares
- Face value per equity shareRe. 1/-
- No. of securities listed and admitted to dealings4050000
- Shares under lock-in - tranche 12025000
- Shares under lock-in - tranche 22025000
- Total shares under lock-in4050000
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