15-Oct-2026 13:42:35

TEMBOExpansion

TEMBO : LISTS ON BSE MAIN BOARD, PLANS AMMUNITION PROJECT FOR EUR 50 MN

• Listed equity shares on Main Board of BSE; shares also listed on NSE under symbol TEMBO • Defence focus via subsidiary Tembo Classic Engineering Pvt Ltd across small arms, ammunition and UAV technologies • Collaboration with Belgium-based Lachaussee SA to set up ammunition production line in India; project valued at ~EUR 50 million • Proposed line to have annual capacity of ~100 million rounds, subject to agreed terms and implementation plans • Subsidiary received ammunition and small-arms manufacturing licences; Amravati facility under development, commercial production targeted Q1 FY2028 • Technology tie-up with a strategic European partner includes 100% production buyback; JR UAV Ltd JV pursues UAV component manufacturing

Tembo Global Industries Limited

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