Tinna Rubber and Infrastructure Ltd — Important, 14-05-2026: Company Update

Tinna Rubber And Infrastructure Limited has announced that its Qualified Institutional Placement (QIP) proceeds of Rs. 78.70 crore are now fully utilized. The company's monitoring agency, CARE Ratings, confirmed that all funds have been deployed as per the original objectives, which included funding capital expenditure for facility expansion and debt repayment. Notably, the remaining Rs. 0.431 crore was utilized in the last quarter for advancing a new Pyrolysis plant at the Varle facility. This marks the final report on the QIP fund utilization, signifying completion of the planned deployment.