Subsidiary7 Oct 2026, 04:23 pm
Tinna Rubber Infuses ₹26.47 Lacs in Saudi Subsidiary
AI Summary
Tinna Rubber and Infrastructure Limited has made an additional investment of Saudi Riyal (SAR) 1,02,000 (approximately Rs. 26,46,763) in its wholly-owned subsidiary, Tinna Rubber Arabia Limited, Saudi Arabia. This marks the fifth tranche of investment into the subsidiary. The investment was made through the subscription of 15 shares at SAR 6800 per share.
Key Highlights
- Company invests SAR 1,02,000 in its Saudi subsidiary.
- Investment amounts to approximately Rs. 26.47 Lacs.
- This is the fifth tranche of investment.
- Subsidiary is Tinna Rubber Arabia Limited.
- Investment made via share subscription.
Price Impact
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