NSEPress Release7 Sept 2026 · 7 Sept 2026, 11:47 am
Press Release
Tembo Global Industries Limited · TEMBO
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Tembo Global Industries Ltd. has signed a Memorandum of Understanding (MoU) with Lachaussee SA, Belgium, to establish a complete production line for two types of ammunition in India. The project is valued at approximately €50 million, with deliveries scheduled for 2028 and 2029.
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Tembo Global Industries Limited has informed the Exchange regarding a press release dated September 07, 2026, titled "Tembo Global Industries Signs MoU with Belgium s Lachaussee SA to Establish Advanced Ammunition Production Line in India".
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September 07, 2026
The Manager – Listing Department
National Stock Exchange of India Limited
Exchange Plaza, C-1, Block G, Bandra-Kurla Complex,
Bandra (E), Mumbai – 400 051
Dear Sir/ Madam,
Ref: Symbol- TEMBO (ISIN: INE869Y01028)
Subject: Press Release
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, please find enclosed herewith the press release titled “Tembo Global Industries Signs MoU with
Belgium’s Lachaussee SA to Establish Advanced Ammunition Production Line in India”
We request you to take the above on record.
Thank you,
Yours faithfully,
For Tembo Global Industries Limited
Sanjay Jashbhai Patel
Managing Director
DIN: 01958033
Tembo Global Industries Signs MoU with Belgium’s Lachaussee SA to Establish Advanced
Ammunition Production Line in India
€50 Million Strategic Partnership to Produce 100 Million Rounds of Ammunition Annually
Mumbai, September 7, 2026: Tembo Global Industries Ltd. (NSE: TEMBO), a diversified engineering and
manufacturing company, today announced that its subsidiary, Tembo Classic Engineering Pvt. Ltd., has
entered a Memorandum of Understanding (MoU) with Lachaussee SA, Belgium, to establish a complete
production line for two types of ammunition in India.
Under the proposed partnership, Tembo Classic Engineering Pvt. Ltd. will collaborate with Lachaussee SA to
set up a complete production line for manufacturing two types of ammunition. The facility is expected to
have a production capacity of approximately 100 million rounds per year. The project is valued at
approximately €50 million, with deliveries scheduled for 2028 and 2029.
This MoU marks an important step in Tembo Global Industries’ continued expansion into the defence
manufacturing sector and further strengthens its engineering, manufacturing and project execution
capabilities. The proposed production line also aligns with the broader Make in India vision of strengthening
domestic manufacturing capabilities and building a robust defence manufacturing ecosystem within the
country.
Commenting on the development, Mr. Sanjay J. Patel, Managing Director, Tembo Global Industries Ltd.,
said:
“The signing of this MOU with Lachaussee SA represents an important milestone in Tembo Global
Industries’ journey in the defence manufacturing sector. This partnership brings together complementary
engineering and manufacturing capabilities to establish a complete ammunition production line in India.
We believe this association will further strengthen our presence in the defence manufacturing ecosystem
and provide a strong foundation for sustainable growth in this strategic sector. We look forward to
working closely with Lachaussee SA towards the successful execution of this project.”
About Lachaussée SA
Lachaussée SA, headquartered in Milmort, Belgium, is an engineering and manufacturing company with a
history dating back to 1830. The company specializes in designing and manufacturing high-precision
machinery and complete production lines for ammunition, primers, detonators, and other pyrotechnic
components for defence and related industries. With extensive technical expertise and international
experience, Lachaussée provides solutions covering equipment design, manufacturing, installation,
commissioning, and technology transfer to customers across global markets.
About Tembo Global Industries Ltd. (NSE: TEMBO)
Incorporated in 2010, Tembo Global Industries Ltd. stands as a prominent entity in the industrial sector,
specializing in the production and assembly of metal components for pipe support systems, fasteners,
anchors, HVAC and anti-vibration systems, and other industrial equipment. The company also engages in
trading metal products that complement its manufacturing operations. The Company is a fabrication and
installation specialist in ductile pipes, HDB pipes and fittings, and MS plate. Its products are certified and
approved by Underwriters Laboratories Inc. (USA) and FM Approval (USA) for Fire Sprinkler System
Installations. As an export-driven enterprise, Tembo has earned the distinction of a 2-Star Export House. In
2023, Tembo ventured into the EPC (Engineering, Procurement, and Construction) contracting arena, securing
orders from prestigious infrastructure clients. Additionally, the Company has interests in the textile trading
market. In 2024, the Company further diversified into defence and renewables.