Date: October 07, 2026
Investment in Subsidiary
Tinna Rubber And Infrastructure Limited will be infusing/investing an overall amount not exceeding ₹5,00,00,000 (Rupees Five Crores Only) in one or more tranches into its wholly owned subsidiary Tinna Rubber Chile SpA, Santiago, Republic of Chile.
This investment is part of the company's international business expansion strategy and follows the earlier communication dated July 08, 2026 regarding the incorporation of the Chilean subsidiary.
Current Investment Status
All requisite registrations/approvals of Tinna Rubber Chile SpA have been completed.
The company has infused the first tranche investment of Chilean Pesos (CLP) 10,000,000 for subscription of 1,000,000 ordinary shares of CLP 10 per share.
This first tranche investment is equivalent to ₹10,03,729 (Rupees Ten Lakh Three Thousand Seven Hundred Twenty-Nine Only).