Tinna Rubber Raises ₹150 Cr via QIP to Power Sustainable Infra Leap

Tinna Rubber and Infrastructure Ltd. has successfully concluded its Qualified Institutions Placement (QIP), securing ₹150 crore to fuel its expansion plans in sustainable infrastructure and rubber recycling. The move, approved by shareholders through postal ballot and e-voting in March 2025, signals a bold step toward scaling operations amid growing demand for eco-friendly construction solutions.

 

With this capital infusion, Tinna aims to ramp up its capabilities in crumb rubber modified bitumen (CRMB) production, strengthen its waste tyre recycling initiatives, and invest in technology upgrades. This initiative also aligns with the company’s strategy of deleveraging its balance sheet, improving operational efficiency, and enhancing environmental sustainability.
 

The QIP proceeds will be used to issue equity shares or convertible instruments in one or more tranches, reflecting institutional investor confidence in Tinna’s green vision and consistent performance.

 

Key Highlights:

 

 ₹150 crore raised via Qualified Institutions Placement
 

Shareholder approval obtained through postal ballot and e-voting.
 

 Proceeds to fund capacity expansion, tech advancement, and debt reduction.
 

 Focused on sustainable road-building materials and circular economy practices
 

 Reinforces Tinna’s strategic shift toward high-impact infrastructure solutions.
 

As governments and industries pivot toward greener infrastructure, Tinna’s timely capital raise positions it to be at the forefront of sustainable innovation in India’s roadways and beyond.

 

Sources: Tinna Corporate Filing, BSE Announcement, Market Updates