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Tinna Rubber & Infrastructure Initiates Qualified Institutions Placement

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Tinna Rubber & Infrastructure Initiates Qualified Institutions Placement

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Tinna Rubber & Infrastructure Limited ( (IN:TINNARUBR) ) just unveiled an update.

Tinna Rubber & Infrastructure Limited has announced the opening of a Qualified Institutions Placement (QIP) of equity shares, with a floor price set at ₹934.73 per share. This strategic move, approved by the company’s board and shareholders, aims to raise funds for the company’s growth and operational needs, potentially enhancing its market position and offering value to stakeholders.

More about Tinna Rubber & Infrastructure Limited

Tinna Rubber & Infrastructure Limited operates in the rubber and infrastructure industry, focusing on the production and distribution of rubber products. The company is involved in recycling waste tires into value-added products, serving various sectors including road construction and industrial applications.

Average Trading Volume: 12,295

Current Market Cap: 15.9B INR

Find detailed analytics on TINNARUBR stock on TipRanks’ Stock Analysis page.

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