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Tinna Rubber Announces Promoter Group Share Transfer

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Tinna Rubber Announces Promoter Group Share Transfer

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An update from Tinna Rubber & Infrastructure Limited ( (IN:TINNARUBR) ) is now available.

Tinna Rubber & Infrastructure Limited announced an inter-se transfer of shares among its promoters and promoter group, involving a total of 86,15,862 shares, which constitutes 47.82% of the company’s holdings. This transaction, executed as a gift without consideration, falls under the exemption provided by SEBI’s SAST Regulations, ensuring no change in the aggregate holding of the promoter group, thus maintaining the company’s existing ownership structure.

More about Tinna Rubber & Infrastructure Limited

Tinna Rubber & Infrastructure Limited operates in the rubber and infrastructure industry, focusing on the production and supply of rubber products and related services. The company is involved in the recycling of waste tires and manufacturing of value-added rubber products, catering to various sectors including automotive and infrastructure.

Average Trading Volume: 8,041

Technical Sentiment Signal: Buy

Current Market Cap: 17.28B INR

For a thorough assessment of TINNARUBR stock, go to TipRanks’ Stock Analysis page.

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