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Tinna Rubber and Infrastructure Limited has announced a board meeting to disclose details of a Qualified Institutions Placement (QIP). The Fund Raising Committee approved allotment of 8,86,257 equity shares at ₹888 each, including a premium of ₹878 per share, raising approximately ₹79 Crore. Following this, the paid-up equity capital increased to ₹18.02 Cr from ₹17.13 Cr. This capital raise will strengthen the company’s financial position, supporting its growth and operational plans.