Tembo Global Industries Secures 75% Stake in Tembo Defense Products with Strategic ₹126.71 Crore Investment

Tembo Global Industries Limited (NSE: TEMBO), a leading name in the industrial manufacturing and engineering sector, today announced a series of strategic decisions approved at its Board Meeting. These developments reinforce the company's long-term growth roadmap, strengthen its presence in emerging business verticals, and reflect its commitment to robust corporate governance.

Tembo Global Raises Shareholding in Tembo Defense Products Pvt. Ltd. to 75%

The Board has approved, an additional investment of up to ₹126.71 crore in the equity share capital of Tembo Defense Products Private Limited. This investment, through the subscription of fully paid equity shares, will increase Tembo Global's shareholding to 75%, thereby making Tembo Defense Products a subsidiary of the company. The decision represents a significant step in Tembo Global's expansion into the defence manufacturing sector, aligning with national priorities and capitalizing on opportunities within India's fast-growing defence ecosystem.

Speaking on this significant development, Mr. Sanjay J. Patel, Managing Director, Tembo Global Industries Ltd., said: "Our enhanced investment in Tembo Defense Products reflects our strong conviction in India's growing defence manufacturing ecosystem and its vast opportunities. By increasing our stake to 75%, we are strengthening our long-term strategic roadmap while contributing meaningfully to national priorities. We remain committed to innovation, quality, and value creation for all our stakeholders as we continue our journey of sustainable growth."

Source : Equity Bulls

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TemboGlobalIndustries Investment StakeIncrease TemboDefenseProducts