Tembo Global Industries logo

Tembo Global Industries MD, chairman, board of directors and AGM

NSE: TEMBOBSE: 544987Industrial ProductsSmall Cap

Formerly Saketh Exim
Last close ₹50.53down ₹1.61 (3.09%)BSE ₹50.46

Share price at the NSE close on 23 Oct 2026. Previous close ₹52.14.

52-week range of traded prices to 23 Oct 2026
₹43.34Low, 30 Mar 2026₹83.70High, 11 Nov 2025
Market cap
₹978 Cr1,537th largest listed
P/E
9.6
P/B
2.2
Dividend yield
0.20%
ROE
30.9%
ROCE
18.0%
Debt to equity
0.77
Volume, NSE
12,68,25944.3% delivered

Tembo Global Industries board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Managing directorSanjay Jashbhai Patel
  • ChairpersonNikunj Hasmukhbhai Barot

9 directors5 independent2 executive2 non-executive

  • Sanjay Jashbhai Patel · Managing directorExecutive · joined Jan 2011 · reappointed Jul 2022 · 1 listed board
  • Fatema Shabbir KachwalaExecutive · joined Feb 2021 · reappointed Sep 2024 · 1 listed board · 3 committee seats
  • Shabbir Huseni MerchantNon-executive · joined Jul 2023 · 1 listed board
  • Shalin Sanjay PatelNon-executive · joined Jul 2020 · reappointed Dec 2023 · 1 listed board
  • Homai Ardeshir DaruwallaIndependent · joined Apr 2025 · 14 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Nikunj Hasmukhbhai Barot · ChairpersonIndependent · joined Apr 2025 · 14 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Sumantra Sarathi MahataIndependent · joined Apr 2025 · 14 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • Ajay MadanIndependent · joined Apr 2025 · 14 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Ankit BhaskarIndependent · joined Jan 2026 · 5 months as independent · 1 listed board · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

7 directors who left
  • Piyush Patel, left 9 Apr 2026: Others
  • Firdose Vandrevala, left 26 Dec 2025: Others
  • Jasbir Singh Jaswant Singh Anand, left 30 May 2025: Others
  • Jehan Darayus Variava, left 9 Apr 2025: Others
  • Prakash Sanjay Karpe, left 9 Apr 2025: Others
  • Karan Ishwar Shinde, left 9 Apr 2025: Others
  • Smita Jashbhai Patel, left 9 Apr 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 16 Jun 20268 of 9 present5 independent
    • 25 May 20268 of 9 present4 independent · 108 days in between
    • 5 Feb 20269 of 10 present5 independent
    • 12 Jan 20265 of 9 present3 independent

  • Audit Committee

    Chair Homai Ardeshir Daruwalla

    Nikunj Hasmukhbhai Barot, Ajay Madan, Fatema Shabbir Kachwala

    • 25 May 20263 of 4 present2 independent · 108 days in between
    • 5 Feb 20263 of 4 present2 independent · 23 days in between
    • 12 Jan 20262 of 4 present2 independent

  • Nomination and remuneration committee

    Chair Ajay Madan

    Shabbir Huseni Merchant, Homai Ardeshir Daruwalla, Sumantra Sarathi Mahata

    • 12 Jan 20263 of 4 present2 independent

  • Stakeholders Relationship Committee

    Chair Nikunj Hasmukhbhai Barot

    Sanjay Jashbhai Patel, Fatema Shabbir Kachwala

    • 24 Mar 20263 of 3 present1 independent · 70 days in between

  • Corporate Social Responsibility Committee

    Chair Sanjay Jashbhai Patel

    Fatema Shabbir Kachwala, Nikunj Hasmukhbhai Barot

    • 24 Mar 20263 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • KARTA AND COMPANYPeer-review certificate valid to Feb 2028
1 earlier auditor
  • R A KUVADIYA & CONamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Tembo Global Industries AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Tembo Global Industries dividend history

Annual general meeting, 30 Sep 2026

24,813 shareholders on the register on 23 Sep 2026; present: 5 promoters and 47 others; votes counted by Abhishek Wagh / Abhishek Wagh & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 and the Audited Consolidated Financial Statements for the financial year ended March 31, 2026, together with the reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 18.64% · promoters 51.20% · institutions 0.00% · other public 0.02%

  2. To appoint a director in place of Mr. Shalin Sanjay Patel (DIN 08579598) who retires by rotation and being eligible has offered himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 18.64% · promoters 51.20% · institutions 0.00% · other public 0.02%

  3. To appoint a director in place of Mrs. Fatema Shabbir Kachwala (DIN 06982324) who retires by rotation and being eligible has offered herself for re-appointment.
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 44.75%

    Turnout: all 18.64% · promoters 51.20% · institutions 0.00% · other public 0.02%

  4. To ratify remuneration of the Cost Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 18.64% · promoters 51.20% · institutions 0.00% · other public 0.02%

  5. To appoint M/s Ramesh Chandra Bagdi & Associates, Practicing Company Secretaries, as the Secretarial Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 18.64% · promoters 51.20% · institutions 0.00% · other public 0.02%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 4 Sep 2026, 1 resolution

24,120 shareholders on the register on 28 Aug 2026; present: 5 promoters and 43 others; votes counted by AMITA KARIA / AMITA KARIA.The company's voting result (opens in a new tab)

  1. ISSUE OF 2,00,00,000 WARRANTS, CONVERTIBLE INTO EQUITY SHARES ON PREFERENTIAL BASIS TO THE PERSONS BELONGING TO THE PROMOTER AND NON PROMOTER CATEGORY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 35.74% · promoters 97.69% · institutions 0.37% · other public 0.30%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 10 Jul 2026, 1 resolution

18,397 shareholders on the register on 3 Jul 2026; present: 5 promoters and 65 others; votes counted by Amita Karia / Amita Karia.The company's voting result (opens in a new tab)

  1. APPROVAL FOR SUB-DIVISION (SPLIT) OF EQUITY SHARES OF THE COMPANY
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.32%

    Turnout: all 36.45% · promoters 99.85% · institutions 0.00% · other public 0.24%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 24 Mar 2026, 9 resolutions

17,436 shareholders on the register on 17 Mar 2026; present: 3 promoters and 67 others; votes counted by Dharmesh Zaveri / D. M. Zaveri & Co.The company's voting result (opens in a new tab)

  1. Increase the limit of investments, loans, guarantees or securities under Section 186 up to Rs. 3000 Crore.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 53.30% · promoters 100.00% · institutions 2.02% · other public 17.62%

  2. Approval for advance any loan/give guarantee/provide security under Section 185 of the Companies Act, 2013.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 53.30% · promoters 100.00% · institutions 2.02% · other public 17.62%

  3. Approval for issue of Non-convertible Debenture not less than 50 crores.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 53.30% · promoters 100.00% · institutions 2.02% · other public 17.61%

  4. Approval for Material Related Party Transaction(S) between the Company and its subsidiaries, associates and group Companies.
    OrdinaryPromoters have an interest in it
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 9.68% · promoters 0.00% · institutions 2.02% · other public 17.62%

  5. Approval for Increase in borrowing limits
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 53.30% · promoters 100.00% · institutions 2.02% · other public 17.61%

  6. Power to create charge on the assets of the company to secure borrowings pursuant to Section 180 (1) (a) of the Companies Act, 2013
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 53.30% · promoters 100.00% · institutions 2.02% · other public 17.61%

  7. Approval for the amendment in the Object Clause Part B. Matters which are necessary for furtherance of the objects specified in Clause III (AA) and (AB) of the Memorandum of Association of the Company.MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 53.30% · promoters 100.00% · institutions 2.02% · other public 17.62%

  8. Appointment of Mr. Piyush Jashbhai Patel (DIN: 01958072), as Non-Executive Director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 53.30% · promoters 100.00% · institutions 2.02% · other public 17.62%

  9. Appointment of Mr. Ankit Bhaskar (DIN: 10802820) as an Independent Director.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 53.30% · promoters 100.00% · institutions 2.02% · other public 17.62%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Dec 2025, 8 resolutions

16,189 shareholders on the register on 23 Dec 2025; present: 3 promoters and 45 others; votes counted by D. M. Zaveri & Co. / Dharmesh Zaveri.The company's voting result (opens in a new tab)

  1. Adoption of Standalone and Consolidated Audited Financial Statements for the financial year ended 31st March 2025, along with the Reports of the Board of Directors’ and Auditor’s thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.37% · promoters 98.21% · institutions 21.92% · other public 2.06%

  2. Re-appointment of Mr. Sanjay Jashbhai Patel (DIN: 01958033), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.37% · promoters 98.21% · institutions 21.92% · other public 2.06%

  3. Re-appointment of Mr. Shabbir Huseni Merchant (DIN 01004618),, who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.37% · promoters 98.21% · institutions 21.92% · other public 2.06%

  4. Appointment of M/s Karta and Company, Chartered Accountants as Statutory Auditors of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.37% · promoters 98.21% · institutions 21.92% · other public 2.06%

  5. Appointment of M/s. D. M. Zaveri & Co., Practicing Company Secretaries, Mumbai, Peer Reviewed Firm as the Secretarial Auditors of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.37% · promoters 98.21% · institutions 21.92% · other public 2.06%

  6. Ratification of the remuneration of M/s Aatish Dhatrak & Associates, (Membership Number 30105) Cost Auditors of the Company for the financial year 2025-26.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.37% · promoters 98.21% · institutions 21.92% · other public 2.06%

  7. Fixing of remuneration of Mr. Sanjay Jashbhai Patel (DIN: 01958033), Chairman and Managing Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.37% · promoters 98.21% · institutions 21.92% · other public 2.06%

  8. Fixing of remuneration of Ms. Fatema Shabbir Kachwala (DIN: 06982324), Whole-time Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.37% · promoters 98.21% · institutions 21.92% · other public 2.06%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 11 Sep 2025, 3 resolutions

18,281 shareholders on the register on 4 Sep 2025; present: 2 promoters and 37 others; votes counted by Amita Karia / Mrs. Amita Karia.The company's voting result (opens in a new tab)

  1. Increase in authorized share capital of the company and consequent amendment in the memorandum of association
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 36.71% · promoters 82.76% · institutions 23.53% · other public 4.06%

  2. Issue of 40,38,600 equity shares on preferential basis to the persons belonging to the non-promoter category
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 36.71% · promoters 82.76% · institutions 23.53% · other public 4.06%

  3. Issue of 24,00,000 share warrants, convertible into equity shares on preferential basis to the persons belonging to the promoter and non-promoter category
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 36.71% · promoters 82.76% · institutions 23.53% · other public 4.06%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 14 May 2025, 9 resolutions

19,311 shareholders on the register on 11 Apr 2025; votes counted by Vijay Ramesh Gupta / VRG & Associates.The company's voting result (opens in a new tab)

  1. APPOINTMENT OF MS. HOMAI ARDESHIR DARUWALLA (DIN: 00365880) AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 42.58% · promoters 91.34% · other public 4.85%

  2. APPOINTMENT OF MR. AJAY MADAN (DIN: 07191447) AS AN INDEPENDENT DIRECTOR OF THE COMPANY;
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 42.58% · promoters 91.34% · other public 4.85%

  3. APPOINTMENT OF MR. SUMANTRA SARATHI MAHATA (DIN: 08524659) AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 42.58% · promoters 91.34% · other public 4.85%

  4. APPOINTMENT OF MR. NIKUNJ BAROT (DIN: 11034775) AS AN INDEPENDENT DIRECTOR OF THE COMPA
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 42.58% · promoters 91.34% · other public 4.85%

  5. INCREASING THE BORROWING POWERS UNDER SECTION 180(1) (A) and (C) OF THE COMPANIES ACT, 2013 UPTO INR 500 CRORES;
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · other public 0.19%

    Turnout: all 42.58% · promoters 91.34% · other public 4.85%

  6. MAKING INVESTMENT(S) AND/OR PROVIDING LOAN(S) AND GIVE GUARANTEE (S) IN EXCESS OF THE LIMITS PRESCRIBED UNDER SECTION 186 OF THE COMPANIES ACT, 2013;
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · other public 0.39%

    Turnout: all 42.58% · promoters 91.34% · other public 4.85%

  7. TO APPROVE MATERIAL RELATED PARTY TRANSACTION(S) BETWEEN THE COMPANY AND ITS SUBSIDIARIES, ASSOCIATES AND GROUP COMPANIES;
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · other public 0.21%

    Turnout: all 42.58% · promoters 91.34% · other public 4.85%

  8. CHANGE IN OBJECT CLAUSE OF THE COMPANY;
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · other public 0.19%

    Turnout: all 46.36% · promoters 100.00% · other public 4.85%

  9. APPROVAL FOR TEMBO GLOBAL INDUSTRIES - EMPLOYEE STOCK OPTIONS SCHEME 2025 (“THE TGI ESOP SCHEME 2025 / THE SCHEME”).
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 42.58% · promoters 91.34% · other public 4.85%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 1 Oct 2024, 2 resolutions

Present: 4 promoters and 32 others.The company's voting result (opens in a new tab)

  1. ISSUE OF 20,00,000 EQUITY SHARES ON PREFERENTIAL BASIS TO THE PERSONS BELONGING TO THE NON-PROMOTER CATEGORY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 57.66% · promoters 100.00% · institutions 0.00% · other public 5.24%

  2. ISSUE OF 8,10,000 SHARE WARRANTS, CONVERTIBLE INTO EQUITY SHARES ON PREFERENTIAL BASIS TO THE PERSONS BELONGING TO THE PROMOTER CATEGORY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 57.66% · promoters 100.00% · institutions 0.00% · other public 5.24%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Fines and tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Fine or penaltyNational Stock Exchange of India Limited (NSE)Since 22 Jun 2026

    The NSE has imposed a fine of Rs.66080/- (Incl. GST) for delayed compliance of the provisions of Regulation 24A SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

    On verification, the NSE observed that the Company has not complied/delayed complied with Regulation 24A SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 with respect to submission of Secretarial Compliance ReportMoreLess
  • Tax disputeThe Assessing Officer (AO) / Income Tax DepartmentSince 22 Apr 2024
    Pending for hearing
    At the filing before: Income tax assessment dues for AY 2019-20. The Company filed an appeal before the Commissioner of Income Tax (Appeals) Mumbai which is pending for hearing
  • Tax disputeAdditional/Joint Commissioner CGST; Central Excise (Appeals),16Since 16 Mar 2026
    Pending for hearing
    At the filing before: Against the order passed by the Superintendent (Range –V, Division – III) CGST & C.Ex, Belapur Commissionerate order vide. in Form GST DRC-07 Reference No ZD2712251534579 dated 29.12.2025 for recovery of penalty u/s.122(1)(ii) of the ActMoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
No
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
Yes
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesDec 2025, checked by Acuite Ratings and Research Limited166.201. Investment in Subsidiaries 2.Investment in Associates 3.Working Capital 4.General Corporate Purposes166.20166.20No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.