Tembo Global Industries Limited has been fined ₹1,67,560 (including GST) by the National Stock Exchange of India Limited (NSE) for non-compliance with Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company failed to pass the requisite special resolution for the continuation of directorship of Mr. Firdose Vandrevala upon his attaining the age of 75 years. The company received the communication from NSE on February 27, 2026. Tembo Global stated that this non-compliance was an inadvertent oversight and not intentional. They have assured that internal compliance monitoring mechanisms have been strengthened to prevent future occurrences. Apart from the monetary penalty, the company has clarified that there is no material impact on its financial, operational, or other activities.
