Tinna Rubber And Infrastructure Limited has expanded its international operations by incorporating a wholly owned subsidiary in the Republic of Chile. The new entity, named TINNA RUBBER CHILE SpA, was established in Santiago to strengthen the company's global supply chain for end-of-life tyres (ELTs) and other waste materials. This strategic move aims to enhance the global footprint of tinna rubber and infrastructure by entering the waste management and recycling sector in the South American market.

The incorporation and registration formalities for the entity have been completed. However, certain post-incorporation procedural and regulatory compliances required for the commencement of commercial operations are currently underway. The company stated that the proposed capital infusion into the subsidiary will be executed in due course following the receipt of necessary approvals and the completion of applicable legal formalities.

Subsidiary Details and Capital Structure

TINNA RUBBER CHILE SpA has been incorporated with an authorised share capital of Chilean Pesos 500,000,000. Tinna Rubber And Infrastructure Limited will hold 100% of the share capital in the subsidiary. The ownership structure consists of 50,000,000 ordinary registered shares of a single series, each with a nominal value of CLP 10. The subscription to this share capital, equivalent to convertible Indian rupees, will be conducted in one or more tranches.

Business Objectives and Consideration

The primary objective of the new subsidiary is to carry out the business of recycling and processing end-of-life tyres, plastic waste and scrap, battery waste and scrap, and other allied waste management activities. The consideration for the acquisition involves cash and kind, specifically the capitalisation of exports or payments due.

The subsidiary operates within the waste management and recycling industry, focusing on the collection of non-hazardous waste and material recovery. The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Tinna Rubber And Infrastructure Limited has commenced commercial operations at its state-of-the-art recovered Carbon Black (rCB) and Thermoplastic Olefin (TPO) facility located in Varale, Maharashtra. The company announced the inaugural dispatch of the first commercial load on June 22, 2026, marking the realization of its vision to enter sustainable manufacturing. This operational milestone enables the transformation of end-of-life tyres into valuable resources, reinforcing the company's commitment to the circular economy.

The facility at Varale is a fully integrated tyre recycling complex designed to support sustainable production processes. By processing end-of-life tyres, the plant aims to contribute to environmental conservation while generating valuable industrial materials. The company stated that the flag-off of the first load signifies the beginning of a new chapter focused on sustainability, innovation, and growth.

Facility Operations

The Varale plant houses specialized units for the production of rCB and TPO. These materials are critical for various industrial applications, and their production from recycled tyres represents a significant step in waste valorization. The facility features advanced industrial machinery aimed at ensuring efficient conversion processes.

The disclosure was made to the stock exchanges in compliance with Regulation 30(4)(i)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sanjay Kumar Rawat, Company Secretary and Compliance Officer, signed the filing on behalf of tinna rubber and infrastructure .