Tinna Rubber Announces Major Promoter Share Transfer: Bhupinder Kumar Sekhri to Acquire 47.82% Stake
Tinna Rubber and Infrastructure Limited has disclosed an inter-se transfer of 86,15,862 equity shares (47.82% of share capital) within its promoter group. Bhupinder Kumar Sekhri will acquire these shares from six promoter group members, increasing his stake from 2.25% to 50.07%. The off-market transaction is set to complete by September 30, 2025. This transfer falls under SEBI SAST Regulations exemption and doesn't trigger an open offer. The aggregate promoter group shareholding will remain unchanged post-transaction.

*this image is generated using AI for illustrative purposes only.
Tinna Rubber and Infrastructure Limited , a key player in the rubber industry, has disclosed a significant inter-se transfer of shares within its promoter group. The transaction, set to reshape the company's ownership structure, involves the transfer of 86,15,862 equity shares, representing 47.82% of the company's share capital.
Transfer Details
The off-market transaction, scheduled to be completed by September 30, 2025, will see Bhupinder Kumar Sekhri acquiring shares 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.
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 this is a gift transaction without consideration, no price is attached to the transfer.
Conclusion
While this 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.
Investors and market watchers will be keen to observe any potential changes in the company's strategic direction following this substantial realignment of promoter stakes.
Historical Stock Returns for Tinna Rubber and Infrastructure
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+6.10% | +18.00% | +18.34% | -4.52% | -4.52% | -4.52% |