Tinna Rubber and Infrastructure Ltd — Updates, 27-06-2025: Company Update

Tinna Rubber and Infrastructure has announced a board meeting on the closure of its Qualified Institutions Placement (QIP), approving the allotment of 8,86,257 equity shares at ₹888 each, reflecting a 5% discount to the floor price. The fund-raising committee also finalized the placement document, allocation confirmations to investors, and refund procedures for bidders, with the placement document available on the company’s website. This completes the QIP process, supporting the company’s capital-raising efforts to enhance business growth and financial flexibility.