StockWatch
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Specialty Chemicals
Investment2 Sept 2026, 03:13 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 Ltd, located in Saudi Arabia. This investment, equivalent to approximately Rs. 26,12,159/-, is the fourth tranche of funding and was made through the subscription of 15 shares at SAR 6800 per share. This move signifies continued financial support and commitment to the growth and operations of its overseas subsidiary.

Key Highlights

  • Tinna Rubber made a fourth tranche investment in its Saudi subsidiary.
  • The investment amounts to SAR 1,02,000, approximately ₹26.12 Lakhs.
  • This infusion supports the operations of Tinna Rubber Arabia Ltd.
  • The company continues to fund its wholly-owned subsidiary.