Tinna Rubber Sends Third $100k Loan to South Africa JV
Tinna Rubber remitted $100,000 to its South African joint venture as part of a loan agreement.
The Brief
- Third tranche of $100,000 loan sent to Mbodla Investments (Pty) Ltd.
- Transaction valued at ₹95.1 lakh and reported to stock exchanges on October 30, 2026.
- Loan compliance with SEBI regulations and joint venture framework.
Tinna Rubber and Infrastructure Limited has transferred the third installment of a $100,000 loan to its South African joint venture, Mbodla Investments (Pty) Ltd. The transaction, valued at ₹95.1 lakh, was disclosed to the BSE and NSE on October 30, 2026.
The company filed the disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows an earlier letter dated August 8, 2026, outlining the financial assistance framework for the joint venture.
The remittance is part of a larger loan facility provided to the foreign entity. The third tranche was sent to Mbodla Investments (Pty) Ltd, a joint venture located in South Africa, as a loan installment.
The disclosure was signed by Sanjay Kumar Rawat, Company Secretary, confirming the funds were transferred to fulfill a loan obligation. The company cited Regulation 30 and Schedule III of the SEBI LODR Regulations as the basis for the public announcement.
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