sebi:WTM/KCV/CFD/27/2025-26

SEBI · SEBI · 2024-04-24 · Kamlesh Chandra Varshney, Whole Time Member

Reviewed by Varun Matlani, Advocate — Securities Lawyer practicing in SAT and SEBI

Facts / Headnote

Exemption granted

Provisions invoked

• s. 11
• s. 19

Regulations relied on

• SEBI (SAST) Regulations, 2011 — 3(1)
• SEBI (SAST) Regulations, 2011 — 4

Holding

SEBI granted exemption to Sekhri Family Annuity Trust from the open-offer requirements under Regulation 3(1) and Regulation 4 of the SAST Regulations, 2011 for the proposed direct acquisition of 54,04,730 shares (30.00%) of Tinna Rubber and Infrastructure Limited from Bhupinder Kumar Sekhri.

Full text

____________________________________________________________________________________________ Exemption Order in the matter of Tinna Rubber and Infrastructure Limited. Page 2 of 10 (a) The issued and paid-up share capital of the Target Company is INR 18,01,57,570/- divided into 1,80,15,757 equity shares of INR 10/- each. The shareholding pattern of the Target Company, as on the date of Application, is as under: Table no. 1 Shareholding pattern of the Target Company Sr. No. Name No. of shares % shareholding A. Promoters and Promoter Group

____________________________________________________________________________________________ Exemption Order in the matter of Tinna Rubber and Infrastructure Limited. Page 3 of 10

____________________________________________________________________________________________ Exemption Order in the matter of Tinna Rubber and Infrastructure Limited. Page 4 of 10 No. of shares % of shares No. of shares % of shares No. of shares % of shares Promoter & Promoter group (A) Bhupinder Kumar Sekhri 90,20,786 50.07 54,04,730 30 36,16,056 20.07 Shobha Sekhri 3,59,720 2.00 - - 3,59,720 2.00 Gaurav Sekhri 1,32,600 0.74 - - 1,32,600 0.74 Aarti Sekhri 3,59,720 2.00 - - 3,59,720 2.00 Puja Sekhri 16,48,868 9.15 - - 16,48,868 9.15 Aditya Brij Sekhri 1,79,860 1.00 - - 1,79,860 1.00 Arnav Sekhri 1,79,860 1.00 - - 1,79,860 1.00 Krishnav Sekhri 1,79,860 1.00 - - 1,79,860 1.00 Bhupinder Sekhri & Sons HUF 1,02,511 0.57 - - 1,02,511 0.57 Bhupinder Kumar Sekhri Karta Bhupinder and Kapil HUF - - - - - - Acquirer Trust Sekhri Family Annuity Trust (B) 11,341 0.06 54,04,730 30 54,16,071 30.06 Sub-Total (A) + (B) 1,21,75,126 67.59 - - 1,21,75,126 67.59 Public Shareholding Public Shareholding (C) 58,40,631 32.41 - - 58,40,631 32.41 TOTAL (A) + (B) + (C) 1,80,15,757 100 - - 1,80,15,757 100

Source: SecMarx — sebi:WTM/KCV/CFD/27/2025-26. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.