Tinna Rubber And Infrastructure Ltd disclosed two separate overseas investment tranches on Wednesday, signalling an accelerating international expansion strategy. According to reports from The Hindu BusinessLine, the New Delhi-based company has invested in both Chilean and Saudi Arabian subsidiaries as part of its global expansion plans.
The company invested Chilean Pesos (CLP) 1,00,00,000 to subscribe to 10,00,000 ordinary shares at CLP 10 per share in its newly incorporated Chilean wholly owned subsidiary, Tinna Rubber Chile SpA. As reported by The Hindu BusinessLine, this investment is equivalent to approximately ₹10,03,729. The Board has approved an overall investment cap of up to ₹5 crore into the Chile entity, indicating significant potential for future expansion in the South American market.
In a separate filing, Tinna Rubber disclosed its fifth successive capital infusion into Tinna Rubber Arabia Ltd, its Saudi Arabian wholly owned subsidiary. According to reports from The Hindu BusinessLine, the tranche comprised SAR 1,02,000 for subscription of 15 shares at SAR 6,800 per share, equivalent to approximately ₹26,46,763. This represents the company's continued commitment to strengthening its presence in the Middle Eastern market.
On the stock exchanges on Thursday, Tinna Rubber shares opened at ₹935, touched a day's high of ₹948.70 before sliding to a low of ₹876. As reported by The Hindu BusinessLine, the stock's total market capitalisation stood at approximately ₹1,582 crore. The scrip is trading well off its 52-week high of ₹1,322 hit on July 21, 2026, reflecting the market's mixed response to the expansion announcements. The shares fell 5.51% to ₹879.25 on Thursday amid broader market movements.
