Tembo Global Industries has successfully raised Rs 3.16 billion through a mix of preferential equity shares and share warrants. The fundraise saw strong participation from investors, including company promoters and strategic investor Mohammed Abdul Nayeem, Founder & Chairman of Masah Construction Company, Saudi Arabia.

Out of the total capital raised, Rs 1.98 billion came from preferential allotment to funds and high-net-worth investors, while Rs 1.18 billion was infused through share warrants by promoters and the strategic partner, reaffirming their long-term commitment.

The proceeds will be utilised for capital expenditure in Tembo’s EPC business and to strengthen its presence in the high-potential defence sector, alongside other infrastructure projects. These initiatives align with India’s focus on infrastructure development and energy security.

Commenting on the fundraise, Sanjay J. Patel, Managing Director, Tembo Global Industries, said, “We are deeply encouraged by the strong investor confidence in Tembo’s strategic direction. This capital will be instrumental in executing our growth roadmap, particularly in expanding our EPC capabilities and scaling our presence in the defence and infra projects sector.”

He added that Tembo remains committed to innovation, operational excellence, and sustainable growth as it enters its next phase of expansion.