ICICI Prudential Mutual Fund, which previously held a 1.74 percent stake in Tinna Rubber and Infrastructure Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete sale or a reduction in its holding below the 1 percent reporting requirement.
A leading processor of end-of-life tyres, Tinna Rubber converts waste rubber into crumb rubber and recovers steel wire through an environmentally focused recycling process. The company operates as a vertically integrated rubber processor, serving diverse industries that utilize recycled rubber products in manufacturing. Its core business centers on sustainable waste management and resource recovery from discarded tyres, transforming them into valuable industrial materials.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.