Tembo Global Industries Limited Announces Major Order for Water Irrigation Project
Tembo Global Industries Limited, listed with the stock symbol TEMBO and ISIN INE869Y01010, has secured a significant order for a domestic water irrigation project.
Key Highlights:
- Order Value: INR ₹529,016,880 (~₹52.9 Crore).
- Details: Supply of Ductile Iron (DI) pipes for a water irrigation initiative in India.
- Completion Timeline: The project will be executed within 12 months.
- Neutral Stake: The promoters, promoter group, and group companies have no financial or vested interest in the awarding organization.
- Transaction Status: This order does not qualify as a related-party transaction.
The update has been communicated to the National Stock Exchange of India Ltd. for transparency and to inform investors.