NSE Debut to Boost Liquidity and Deepen Presence in Indian Capital Markets

Tinna Rubber and Infrastructure Limited (BSE Code - 530475), one of Asia's largest End of Life Tyres recycling companies, is pleased to announce its successful listing today on the National Stock Exchange of India Limited ("NSE"), marking a significant milestone in the company's growth journey. The company has been previously listed on the BSE Limited ("BSE") having nationwide trading terminals and the Calcutta Stock Exchange Limited ("CSE") a Regional Stock Exchange. This listing marks a significant step in enhancing its capital market presence and investor accessibility. Listing of equity shares at NSE provides more liquidity and better options to investors at large and will further broaden the base of investors. The National Stock Exchange (NSE) stands as one of India's foremost stock exchanges, equipped with a nationwide network of trading terminals that facilitate efficient and accessible trading for investors throughout the country.

Starting April 17, 2025, the equity shares of the company are available for trading on the NSE under the symbol: TINNARUBR. The entire 1,71,29,500 equity shares with face value of Rs. 10/- each will be traded on NSE. With this listing, the Company aims to strengthen its market presence and enhance its visibility among a broader base of investors. This strategic move, complementing its existing BSE listing, will provide improved stock liquidity and increased access to institutional and retail investors. The NSE listing will reinforce its commitment to strong corporate governance and will mark a significant milestone in Tinna's journey towards growth, innovation, and long-term value creation.

Tinna is one of Asia's largest recycler of End of Life Tyres (ELT) with 45+ years of industry experience. It has strategically well-placed manufacturing facilities at Port locations, deep routed & multinational procurement networks, exceptional product customization and widest possible application of recycled rubber. It is world's largest manufacturer of Micronized Rubber Powder and caters to diverse segments (Infrastructure, Industrial, Steel, and Consumer). Tinna has demonstrated outstanding financial performance, achieving a 3-year CAGR of 41% in Revenue and 53% in EBITDA with FY24 ROCE and ROE of 28% and 32% reflecting its strong growth trajectory and operational efficiency. The company has a clear Vision 2027 which includes Revenue CAGR 25%+, EBITDA Margin 18%, Profitability Growth 33% and ROCE 30%.

Mr. Bhupinder Kumar Sekhri, Chairman and Managing Director said "Tinna Rubber's listing on the NSE marks a strategic step toward expanding investor participation and enhancing market visibility. With a strong performance track record and presence on both NSE and BSE, the company aims to deepen engagement with institutional and retail investors while driving long-term value."

Shares of Tinna Rubber and Infrastructure Limited was last trading in BSE at Rs. 1025.35 as compared to the previous close of Rs. 1000.65. The total number of shares traded during the day was 23787 in over 1382 trades.

The stock hit an intraday high of Rs. 1049.00 and intraday low of 1000.05. The net turnover during the day was Rs. 24460159.00.

Source : Equity Bulls

Keywords

TinnaRubberandInfrastructure INE015C01016 NSEListing