Pursuant to Regulation 30(2) read with Para D of Part A of Schedule III of SEBI (LODR) Regulations, 2015, we would like to inform you that Tinna Rubber B.V., Amsterdam, Netherlands, a non-operational overseas Wholly owned subsidiary of Tinna Rubber And Infrastructure Limited, undergone voluntary winding up and stands dissolved.
TINNARUBR · price
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Tinna Rubber and Infrastructure Limited has informed the exchanges that its overseas wholly owned subsidiary, Tinna Rubber B.V. (Amsterdam, Netherlands), has undergone voluntary winding up and stands dissolved effective February 28, 2025. The subsidiary was non-operational since inception and had no turnover and no net worth. No investment was made in the entity, so no consideration was received from the liquidation. The dissolution was confirmed via a certificate of liquidation from the Business Register extract of the Netherlands Chamber of Commerce, and the entity was registered as ceased to exist on August 7, 2025.
This is a non-event for shareholders — the subsidiary never started operations, contributed zero revenue and zero net worth, and no money was deployed in it. Removing a dormant foreign entity from the corporate structure may slightly simplify compliance costs but has no material impact on earnings, assets, or the stock price.