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Tembo Global Industries: Update regarding Change in Credit Rating Agency'

Tembo Global Industries (TEMBO) filed a disclosure titled "Update regarding Change in Credit Rating Agency'". The company is valued at about ₹112 crore.

BCEIE News Desk · Published 30 Sept 2026, 08:33 pm IST · Filing received 30 Sept 2026, 08:16 pm IST

What happened

Tembo Global Industries (TEMBO) filed a disclosure with the exchanges on 30 September 2026 at 08:16 PM titled "Update regarding Change in Credit Rating Agency'".

Company snapshot

Tembo Global Industries is a micro-cap company, with a market value of about ₹112 crore.

The stock last traded at ₹57.75, against a 52-week range of ₹43.34–₹83.7 (31.0% below the high).

Before this filing the shares had moved −0.8% over the month and −1.8% over three months. Average daily turnover over the last 20 sessions was about ₹11.12 crore.

Promoters held 39.04% at the end of Q2 FY27, up 0.78% points from the previous quarter; 40.65% of promoter shares were pledged. Foreign institutions owned 8.25% and domestic institutions 1.56%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY262480.717.13
Q2 FY2649443.954.34
Q3 FY2625125.316.35
Q4 FY2634626.918.15
Q1 FY27302301.59

What history shows

This is not the company's first credit rating disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.

Market-wide, 1,190 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 48% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

  • Whether other agencies take a similar view on the company's credit.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.