Fifth tranche of investment of SAR 1,02,000 infused into wholly owned Saudi subsidiary

The company has infused the 5th tranche of investment into its wholly owned subsidiary in Saudi Arabia.

Wed 7 Oct 2026

Investment Amount

Saudi Riyal (SAR) 1,02,000

Shares Subscribed

15 shares at SAR 6800 per share

Rupee Equivalent

approx. Rs. 26,46,763/-

What the company informed the exchanges

The company stated that it has infused the 5th tranche for an investment of Saudi Riyal (SAR) 1,02,000, for subscription of 15 shares of SAR 6800 per share, in Tinna Rubber Arabia Ltd., Saudi Arabia, a wholly owned subsidiary.

The company states this is equivalent to approximately Rs. 26,46,763/-.

The intimation is dated October 07, 2026 and is signed by Sanjay Kumar Rawat, Company Secretary.

The numbers at a glance

• Investment amount for this tranche: SAR 1,02,000
• Number of shares subscribed: 15
• Price per share: SAR 6800
• Rupee equivalent as stated by the company: approx. Rs. 26,46,763/-

For reference, 15 shares at SAR 6800 per share works out to SAR 1,02,000, which matches the amount infused in this tranche.

What kind of transaction this is

This is the parent company putting money into a subsidiary it already owns fully. The money is used to subscribe to shares of that subsidiary, rather than buying shares from an outside seller. The subsidiary, Tinna Rubber Arabia Ltd. in Saudi Arabia, is described as a wholly owned subsidiary of the company.

The company describes this as the 5th tranche, indicating that it is one among a series of such infusions into this subsidiary.

How a retail reader can use this

• The disclosure gives the amount infused, the number of shares, the price per share and the rupee equivalent, so the scale of this tranche can be judged directly.
• Because the recipient is a wholly owned subsidiary, the transaction is within the group rather than an outside acquisition or a stake sale.

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