Tinna Rubber Promoter Transfers 54,04,730 Shares to Family Trust Under SEBI Exemption

Tinna Rubber And Infrastructure Limited has completed a significant internal restructuring within its promoter group through an off-market transfer of equity shares to a family trust. The transaction involves the transfer of 54,04,730 equity shares, representing 30.00% of the company's total shareholding, from promoter Bhupinder Kumar Sekhri to Sekhri Family Annuity Trust.

Transaction Details

The share transfer was executed on March 26, 2026, as an inter-se transfer between promoter and promoter group entities without any monetary consideration. The transaction was conducted under SEBI exemption order WTM/KCV/CFD/27/2025-26 dated March 24, 2026, granted under Section 11(1) and Section 11(2)(h) read with Section 11(5) of SEBI SAST Regulations.

Transaction Parameter: Details Shares Transferred: 54,04,730 equity shares Percentage of Total Capital: 30.00% Face Value per Share: ₹10 Transaction Date: March 26, 2026 Consideration: Nil Mode: Off-market inter-se transfer

Shareholding Pattern Changes

The transfer has resulted in a redistribution of shareholding within the promoter group while maintaining the overall promoter and public shareholding percentages. Bhupinder Kumar Sekhri's individual holding has decreased significantly, while the family trust has become a substantial shareholder.

Shareholder: Before Transfer After Transfer Change Bhupinder Kumar Sekhri: 90,20,786 shares (50.07%) 36,16,056 shares (20.07%) -54,04,730 shares (-30.00%) Sekhri Family Annuity Trust: 11,341 shares (0.06%) 54,16,071 shares (30.06%) +54,04,730 shares (+30.00%) Total Promoter Group: 1,21,75,126 shares (67.59%) 1,21,75,126 shares (67.59%) No change Public Shareholding: 58,40,631 shares (32.41%) 58,40,631 shares (32.41%) No change

SEBI Exemption Framework

The transaction was approved under SEBI's exemption framework for family trust transfers, which allows internal reorganization within promoter families without triggering open offer obligations. The Sekhri Family Annuity Trust, established under the Indian Trusts Act, 1882, is an irrevocable discretionary private trust with family members as trustees and beneficiaries.

Trust Parameter: Details Trust Name: Sekhri Family Annuity Trust Establishment Date: April 24, 2024 Settlor/Transferor: Bhupinder Kumar Sekhri Trustees: Bhupinder Kumar Sekhri, Gaurav Sekhri Nature: Irrevocable, discretionary, private trust

Company Capital Structure

Tinna Rubber And Infrastructure Limited's equity share capital remains unchanged at ₹18,01,57,570, consisting of 1,80,15,757 equity shares of ₹10 each. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited.

Regulatory Compliance

The exemption was granted considering that the transaction represents an internal family succession planning exercise without affecting public shareholders' interests or changing the effective control structure of the company. The trust's beneficiaries include family members and lineal descendants of the transferor, ensuring the transaction remains within the promoter family ecosystem.

The Sekhri Family Annuity Trust has filed the required disclosures under Regulation 29(1) and 29(2) of SEBI SAST Regulations with both BSE and NSE, confirming compliance with all regulatory requirements for the share transfer transaction.

Tinna Rubber And Infrastructure has announced a significant leadership transition in its finance department through an official regulatory filing under SEBI (LODR) Regulations, 2015. The company disclosed the retirement of its Chief Financial Officer and the appointment of his successor effective March 16, 2026.

CFO Retirement and Transition

Mr. Ravindra Chhabra retired from his position as Chief Financial Officer and Key Managerial Personnel effective from the close of business hours on March 15, 2026. His retirement comes upon reaching the superannuation age of 60 years, as per his earlier submitted intention dated November 11, 2025. Despite stepping down from his executive role, Chhabra will continue to be associated with the company in an advisory capacity.

Parameter: Details Retiring Officer: Mr. Ravindra Chhabra Position: Chief Financial Officer (Key Managerial Personnel) Retirement Date: March 15, 2026 (close of business hours) Reason: Superannuation (age 60 years) Future Role: Advisory capacity

Following his retirement from the CFO position, Chhabra also ceased to be associated with certain company committees, including his roles as Permanent Invitee of the Corporate Social Responsibility Committee and Member of the Risk Management Committee. The management has recorded its appreciation for his valuable contributions during his tenure and decades-long journey in the company's growth trajectory.

New CFO Appointment

Mr. Abhay Kumar has been appointed as the new Chief Financial Officer effective March 16, 2026. His appointment was recommended by the Nomination and Remuneration Committee and approved by the Board of Directors in their respective meetings held on March 16, 2026. Kumar previously served as Deputy Chief Financial Officer and Designated Senior Management Personnel of the company.

Parameter: Details New CFO: Mr. Abhay Kumar Previous Role: Deputy Chief Financial Officer Appointment Date: March 16, 2026 Approval Process: Nomination and Remuneration Committee recommendation, Board approval Meeting Date: March 16, 2026 Board Meeting Time: 04:00 PM to 4:30 PM IST

Professional Background of New CFO

Mr. Abhay Kumar brings extensive experience to his new role as Chief Financial Officer. He is a seasoned finance leader with over 20 years of experience in financial planning, control, and taxation across diverse geographies. As Deputy CFO for the past 2 years, he has been managing the company's finance, accounts, and taxation functions while driving strategic initiatives and operational excellence.

Kumar's professional background includes senior leadership roles at prominent organizations:

Spark Minda Group

Hanon Systems

Caparo Engineering India Limited

In these positions, he successfully directed financial strategies and governance frameworks. Kumar holds strong academic credentials as a qualified Chartered Accountant from the Institute of Chartered Accountants of India and is a Commerce (Honours) graduate. His expertise lies in formulating and implementing tactical initiatives that strengthen financial performance and compliance.

Regulatory Compliance and Filing Details

The leadership transition has been conducted in full compliance with regulatory requirements under Regulation 30 of SEBI (LODR) Regulations, 2015. The changes are being made in accordance with provisions of Section 2(19), (51) and 203 of the Companies Act, 2013, and Regulation 2(1)(f) and 26 of SEBI (LODR) Regulations, 2015, along with rules and regulations made thereunder as amended.

Filing Details: Information BSE Scrip: 530475 NSE Symbol: TINNARUBR ISIN: INE015C01016 CIN: L51909DL1987PLC027186 Filing Date: March 16, 2026

The company has disclosed that Kumar has no relationships with the directors, ensuring independence in his new role. The official communication was signed by Company Secretary Sanjay Kumar Rawat and includes complete documentation of the transition process.

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