StockWatch
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Specialty Chemicals
Clarification23 May 2026, 12:31 pm

Tinna Rubber: Corrigendum on Mbodla Investment, Revised to ₹15 Cr

AI Summary

Tinna Rubber and Infrastructure Ltd issued a corrigendum to its May 22, 2026, announcement regarding an additional investment in its joint venture, M/s. Mbodla Investments (Pty) Ltd, South Africa. The initial announcement incorrectly stated the investment amount as ₹50 Crores, while the correct amount is ₹15 Crores. The company clarified that the error was clerical and the correct amount was already captured numerically as ₹15,00,00,000.

Key Highlights

  • Tinna Rubber corrects investment amount for Mbodla Investments.
  • Revised investment amount is ₹15 Crores, not ₹50 Crores.
  • Clerical error in original announcement on May 22, 2026.
  • Correct investment amount already reflected numerically.