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:

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.

Tinna Rubber and Infrastructure Limited, a key player in the rubber and infrastructure sector, has achieved a significant milestone by securing the esteemed 'RAR2025 Innovation Award' from the Rubberized Asphalt Foundation (RAF). This accolade underscores the company's commitment to pushing the boundaries of asphalt rubber technology and its applications.

Award Recognition

The RAR2025 Innovation Award is a testament to Tinna Rubber's relentless efforts in expanding the use of asphalt rubber into new frontiers through cutting-edge technology. This recognition highlights the company's position at the forefront of innovation in the rubberized asphalt industry.

Technological Advancements

Tinna Rubber's award-winning innovations are focused on:

• Exploring new areas of discovery in asphalt rubber applications
• Implementing cutting-edge technology in their processes
• Pushing the boundaries of what's possible with rubberized asphalt

Industry Impact

The award not only recognizes Tinna Rubber's innovative spirit but also its potential impact on the broader infrastructure and construction sectors. By developing new applications for asphalt rubber, the company is contributing to more sustainable and efficient infrastructure solutions.

Company's Response

In an official communication to the stock exchanges, including BSE, NSE, and the Calcutta Stock Exchange, Tinna Rubber And Infrastructure Limited expressed pride in receiving this prestigious award. The company views this achievement as a validation of its research and development efforts and its commitment to innovation in the rubberized asphalt domain.

Market Implications

This award could potentially:

• Enhance Tinna Rubber's reputation in the industry
• Open up new business opportunities in infrastructure projects
• Attract potential partners and clients interested in innovative asphalt solutions

As Tinna Rubber And Infrastructure Limited continues to innovate and expand its technological capabilities, industry observers will be keenly watching how this award translates into tangible business growth and market position enhancement in the coming months.

The company's ability to leverage this recognition into concrete business advantages will be crucial in determining the long-term impact of this achievement on its market standing and financial performance.