Tembo Global Industries Limited announced that at its Board Meeting held on January 31, 2021, it considered, discussed and adopted the resolution under section 179 of the companies Act, 2013 to avail the following credit facilities sanctioned /to be sanctioned by Deutsche Bank AG, KHAR branch on such further terms and conditions as may be mutually agreed upon at 7.75% p.a rate of interest for the tenure of 8 years. Nature of facility: LAP; Amount: INR 11,400,000; Security: Flat No 405, 4th Floor, B Wing, Versova Raj Mandir Andheri Mumbai.