Tinna Rubber Announces Major Promoter Share Transfer and Delisting from Calcutta Stock Exchange
Tinna Rubber and Infrastructure Limited disclosed an inter-se transfer of 47.82% shares within its promoter group, with Bhupinder Kumar Sekhri acquiring shares from six family members. The transfer, to be completed by September 30, 2025, will increase Sekhri's stake from 2.25% to 50.07%. The company also received approval for voluntary delisting from the Calcutta Stock Exchange effective September 15, 2025, while maintaining listings on BSE and NSE.

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Tinna Rubber and Infrastructure Limited , a key player in the rubber industry, has disclosed significant developments including a major inter-se transfer of shares within its promoter group and approval for voluntary delisting from the Calcutta Stock Exchange.
Share Transfer Details
The company announced an off-market transaction, scheduled to be completed by September 30, 2025, which will see Bhupinder Kumar Sekhri acquiring 86,15,862 equity shares, representing 47.82% of the company's share capital, from six promoter group members:
Transferor | Shares Transferred | % of Share Capital |
---|---|---|
Mrs. Shobha Sekhri | 29,12,966 | 16.17 |
Mrs. Aarti Sekhri | 25,22,112 | 14.00 |
Mrs. Puja Sekhri | 19,65,364 | 10.91 |
Mr. Arnav Sekhri | 4,20,140 | 2.33 |
Mr. Krishnav Sekhri | 4,20,140 | 2.33 |
Mr. Aditya Brij Sekhri | 3,75,140 | 2.08 |
Total | 86,15,862 | 47.82 |
Impact on Shareholding
This inter-se transfer will significantly alter the individual shareholdings within the promoter group:
- Bhupinder Kumar Sekhri's stake will increase from 2.25% to 50.07%.
- Puja Sekhri's holding will decrease from 20.06% to 9.15%.
- Shobha Sekhri and Aarti Sekhri will each retain 2% ownership.
- Arnav Sekhri, Krishnav Sekhri, and Aditya Brij Sekhri will each hold 1% post-transfer.
Regulatory Compliance
The company has emphasized that this transfer falls under the exemption provided by SEBI Substantial Acquisition of Shares and Takeovers (SAST) Regulations, specifically Regulation 10(1)(a)(i) and (ii). As a result, the transaction does not trigger an open offer requirement.
Delisting from Calcutta Stock Exchange
In a separate development, Tinna Rubber and Infrastructure Limited has received approval for voluntary delisting of its equity shares from The Calcutta Stock Exchange Limited (CSE) effective September 15, 2025. The company's shares will continue to be listed and traded on BSE Limited and National Stock Exchange of India Limited.
The CSE granted approval through letter ref: CSE/LD/DLL/16947/2025 dated September 12, 2025, under SEBI (De-listing of Equity Shares) Regulations, 2021. This follows previous intimations dated April 19, 2025 and May 07, 2025.
Market Context
The volume-weighted average market price for Tinna Rubber's shares over the 60 trading days preceding the notice was Rs. 881.63. However, as the share transfer is a gift transaction without consideration, no price is attached to the transfer.
Conclusion
While the inter-se transfer represents a significant shift in individual promoter holdings, the company has assured that the aggregate promoter group shareholding will remain unchanged post-transaction. This move could potentially streamline decision-making within the promoter group, with Bhupinder Kumar Sekhri emerging as the majority shareholder among the promoters.
The delisting from CSE, while maintaining listings on BSE and NSE, suggests a strategic move to optimize the company's market presence.
Historical Stock Returns for Tinna Rubber and Infrastructure
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.75% | -7.03% | +18.47% | -4.22% | -4.22% | -4.22% |