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Stock Report
Tembo Global Industries raises INR 316.7 Crores to accelerate growth in EPC, Defence and Infra Projects Segment
Posted On : 2025-08-21 13:57:46( TIMEZONE : IST )
Tembo Global Industries Limited (NSE: TEMBO) is pleased to announce the successful completion of an INR 316.7 crore fundraise through a combination of preferential issue of equity shares and share warrants. This strategic capital infusion received an overwhelming response from various investors and includes contributions from the company's promoters and strategic investor Mohammed Abdul Nayeem, Founder & Chairman of Masah Construction Company, Saudi Arabia.
Of the total amount raised, approximately INR 198.7 crores were secured through preferential allotment to various funds and high-net-worth investors. An additional INR 118 crores were infused via share warrants by the promoters and strategic partner, reinforcing their long-term commitment to Tembo's growth vision.
The funds will be deployed towards capital expenditure initiatives across Tembo's core EPC business and its recent diversification into high-potential defence industry. These sectors represent significant opportunities given their large addressable markets and strategic importance to India's infrastructure and energy security goals.
Commenting on the fundraise, Managing Director of Tembo Global Industries, Mr. Sanjay J. Patel said: "We are deeply encouraged by the strong investor confidence in Tembo's strategic direction. This capital will be instrumental in executing our growth roadmap, particularly in expanding our EPC capabilities and scaling our presence in the defence and infra projects sector. These industries are poised for exponential growth, and Tembo is actively positioning itself to be a key player in shaping their future. We thank our investors and partners for their trust and look forward to delivering long- term value. Tembo Global remains committed to innovation, operational excellence, and sustainable growth as it embarks on this next phase of expansion."
