Tinna Rubber And Infrastructure has announced a significant leadership transition in its finance department through an official regulatory filing under SEBI (LODR) Regulations, 2015. The company disclosed the retirement of its Chief Financial Officer and the appointment of his successor effective March 16, 2026.

CFO Retirement and Transition

Mr. Ravindra Chhabra retired from his position as Chief Financial Officer and Key Managerial Personnel effective from the close of business hours on March 15, 2026. His retirement comes upon reaching the superannuation age of 60 years, as per his earlier submitted intention dated November 11, 2025. Despite stepping down from his executive role, Chhabra will continue to be associated with the company in an advisory capacity.

Following his retirement from the CFO position, Chhabra also ceased to be associated with certain company committees, including his roles as Permanent Invitee of the Corporate Social Responsibility Committee and Member of the Risk Management Committee. The management has recorded its appreciation for his valuable contributions during his tenure and decades-long journey in the company's growth trajectory.

New CFO Appointment

Mr. Abhay Kumar has been appointed as the new Chief Financial Officer effective March 16, 2026. His appointment was recommended by the Nomination and Remuneration Committee and approved by the Board of Directors in their respective meetings held on March 16, 2026. Kumar previously served as Deputy Chief Financial Officer and Designated Senior Management Personnel of the company.

Professional Background of New CFO

Mr. Abhay Kumar brings extensive experience to his new role as Chief Financial Officer. He is a seasoned finance leader with over 20 years of experience in financial planning, control, and taxation across diverse geographies. As Deputy CFO for the past 2 years, he has been managing the company's finance, accounts, and taxation functions while driving strategic initiatives and operational excellence.

Kumar's professional background includes senior leadership roles at prominent organizations:

• Spark Minda Group
• Hanon Systems
• Caparo Engineering India Limited

In these positions, he successfully directed financial strategies and governance frameworks. Kumar holds strong academic credentials as a qualified Chartered Accountant from the Institute of Chartered Accountants of India and is a Commerce (Honours) graduate. His expertise lies in formulating and implementing tactical initiatives that strengthen financial performance and compliance.

Regulatory Compliance and Filing Details

The leadership transition has been conducted in full compliance with regulatory requirements under Regulation 30 of SEBI (LODR) Regulations, 2015. The changes are being made in accordance with provisions of Section 2(19), (51) and 203 of the Companies Act, 2013, and Regulation 2(1)(f) and 26 of SEBI (LODR) Regulations, 2015, along with rules and regulations made thereunder as amended.

The company has disclosed that Kumar has no relationships with the directors, ensuring independence in his new role. The official communication was signed by Company Secretary Sanjay Kumar Rawat and includes complete documentation of the transition process.

Tinna Rubber and Infrastructure Limited has presented its financial and operational performance for the third quarter and nine-month period ended December 31, 2025 (Q3-9MFY26), demonstrating improved profitability metrics despite revenue stability. The company submitted its investor presentation under Regulation 30 of SEBI listing requirements on February 08, 2026, highlighting significant margin expansion and operational efficiency gains. Additionally, the company has made available the audio recording of its earnings call held on February 09, 2026.

Financial Performance Highlights

The company's standalone performance for 9MFY26 showed notable margin improvements despite stable revenue levels. Key financial metrics demonstrate the company's focus on operational efficiency and cost management.

At the consolidated level, 9MFY26 EBITDA margins improved by ~110 bps, while revenues and PAT remained stable due to the net impact of initial start-up costs and profits across associates, joint ventures, and subsidiaries. The company expects this performance to normalize in coming quarters.

Operational Performance and Volume Growth

The company demonstrated strong operational metrics with significant volume growth across its tyre processing operations. Quarterly consolidated revenue growth of 13% was led by a 25% increase in tyre processing volumes, indicating robust demand recovery.

The capacity utilization on a 9MFY26 basis stood at 71% for India and 94% for Oman operations, reflecting strong operational efficiency in international markets.

Strategic Business Developments

The company achieved several strategic milestones during the period, including securing significant new business and expanding its operational capabilities.

Major Contract Win:

• Received two-year work order from Indian Oil Corporation Limited in January 2026
• Contract value: Rs. 75.79 crores (including 18% GST)
• Supply of Crumb Rubber Modifier to Haldia and Mathura plants

Business Segment Performance: The Polymer Composite & Masterbatch (PCMB) business showed strong quarter-on-quarter growth of approximately 75% in volume, currently operating at 40% capacity utilization in 9MFY26 with expectations to reach 45% by FY26 end.

International Expansion and Sustainability Initiatives

The company continues its global expansion strategy with operations across multiple geographies and strong focus on sustainability.

The company allocated INR 5 crore towards R&D expenditure and achieved renewable energy savings of INR 2.23 crore up to 9MFY26. EPR credit amounting to INR 23.9 crore was included in 9MFY26 revenue, compared to INR 24.4 crore in 9MFY25.

Regulatory Filing and Earnings Call

Tinna Rubber submitted its investor and earnings presentation to BSE Limited and National Stock Exchange of India Limited on February 08, 2026, pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The presentation covers the company's financial and operational performance for Q3-9MFY26 and is available on the company's website at https://tinna.in/notices-announcements/ .

The audio recording of the earnings call held on February 09, 2026, at 03:00 PM IST provides stakeholders with detailed insights into management commentary and strategic outlook.

Future Outlook and Growth Targets

Tinna Rubber targets robust growth across multiple business segments with specific volume and capacity expansion goals. The company expects exports to be a strong growth catalyst, targeting 30% volume increase by Q4 FY26 end. The PCMB division contributed around 4% to 9MFY26 turnover and targets 8-10% revenue contribution in FY27.

The management expects normalization of performance across international operations as initial start-up costs stabilize, with Global Recycle LLC, Oman contributing Rs. 0.35 crore at PAT level, while Mbodla Investments, South Africa and Tinna Rubber Arabia reported combined loss of Rs. 1.46 crore due to initial start-up costs.

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