Bhupinder Kumar Sekhri transferred 54,04,730 shares (30%) of Tinna Rubber to Sekhri Family Annuity Trust via off-market inter-se transfer without consideration on March 26, 2026.
SEBI granted exemption from open offer obligation via order WTM/KCV/CFD/27/2025-26 dated March 24, 2026, citing estate and succession planning rationale.
Total promoter and promoter group shareholding remains unchanged at 67.59% (1,21,75,126 shares); public shareholding unchanged at 32.41%.
Post-transfer, Sekhri Family Annuity Trust holds 54,16,071 shares (30.06%), while Bhupinder Kumar Sekhri's direct holding reduces from 50.07% to 20.07%.