Investment31 Aug 2026, 04:07 pm
Tinna Rubber Infuses SAR 1.02 Lakh in Saudi Subsidiary
AI Summary
Tinna Rubber and Infrastructure Limited has announced an additional investment of Saudi Riyal (SAR) 1,02,000 in its wholly-owned subsidiary, Tinna Rubber Arabia Limited, located in Saudi Arabia. This investment, made through the subscription of 15 shares at SAR 6800 per share, amounts to approximately Rs. 26,20,534/-. This move is part of the third tranche of investment and is in compliance with SEBI regulations.
Key Highlights
- Tinna Rubber made a third tranche investment in its Saudi subsidiary.
- The investment amounts to SAR 1,02,000 (approx. Rs. 26.2 Lakhs).
- This infusion is for subscription of shares in Tinna Rubber Arabia Ltd.
- The company is compliant with SEBI listing regulations.
Price Impact
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