Tembo Global soars 5% after subsidiary receives government nod for ammunition manufacturingTembo Global soars 5% after subsidiary receives government nod for ammunition manufacturing

Introduction

Leading engineering group subsidiary has received Ministry of Home Affairs licence to manufacture ammunition of various calibers and plans to start commercial production as per schedule.

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Share price movement of Tembo Global

On April 15, 2026, Tembo Global Industries Limited opened at ₹594.00, up 1.60% from its previous close of ₹584.65. The stock reached a high of ₹609.95 (4.33%) and a low of ₹585.30. By 12:04 PM, it traded at ₹598.45, a 2.36% increase, with a market cap of ₹1,107.40 crore.

Tembo Subsidiary Gets Ammo Licence

Tembo Global Industries Limited has informed that its subsidiary Tembo Classic Engineering Private Limited has received a licence from the Ministry of Home Affairs to manufacture ammunition of various calibers.

The licence allows the subsidiary to undertake manufacturing activities under regulatory guidelines, and the company plans to commence commercial production of arms and ammunition as per its schedule.

Stock performance of Tembo Global for period of 1 week, 6 months, and 1 year

Tembo Global Industries Limited delivered a 1-week return of 10.0%, a 6-month return of 3.71%, and a 1-year return of 23.4%.

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Shareholding pattern of Tembo Global

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	36.40%	43.60%	41%
FII	8.60%	0.30%	0.10%
DII	0%	0%	0%
Public	54.80%	55.80%	58.30%

About Tembo Global

Tembo Global Industries Ltd (NSE: TEMBO) manufactures fabricated metal products including pipe supports fasteners anchors HVAC systems and equipment used in industrial commercial and utility installations.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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