Talbros and Lohum Cleantech Form Joint Venture for Recovered Carbon Black and Devulcanized Rubber
Talbros Automotive Components Limited announced the execution of a Joint Venture Agreement with Lohum Cleantech Private Limited to establish a new entity focused on the trading, manufacturing, and refining of recovered Carbon Black (rCB) and devulcanized rubber. This agreement was finalized on July 2, 2026.The companies are forming a joint venture company, named Lohum Talbros CarbonTech Private Limited, to carry out the business operations related to these specialized materials.
JV Structure and Purpose
The purpose of the agreement is to conduct the trading, manufacturing, producing, and refining of recovered Carbon Black (rCB) and allied by-products, as well as devulcanized rubber.The companies involved in the joint venture are independent entities and do not belong to the same promoter group. Talbros Automotive Components Limited committed 4,900 equity shares of Rs. 10/- each, while Lohum Cleantech Private Limited contributed 5,100 equity shares of Rs. 10/- each in exchange for the formation of the venture.
The JV structure is designed with a near equal partnership, though Lohum Cleantech Private Limited holds a slightly greater shareholding. Details of this arrangement are provided below:
| Particulars | Detail |
|---|---|
| JV Partner | Lohum Cleantech Private Limited |
| Purpose of Agreement | Trading, manufacturing, producing, and refining of recovered Carbon Black (rCB), allied by-products, and devulcanized rubber. |
| Share Exchange Ratio | Lohum Cleantech Private Limited (51%) : Talbros Automotive Components Limited (49%) |
Financial Consideration and Governance
The initial consideration paid towards the paid-up equity share capital for this agreement totaled INR 1,00,000. This amount was contributed as follows: Rs. 51,000 by Lohum Cleantech Private Limited and Rs. 49,000 by Talbros Automotive Components Limited.A key term of the JV is governance, with five Directors comprising the Board of the venture company. Three Directors are to be nominated by Lohum Cleantech Private Limited, while two Directors will be nominated by Talbros Automotive Components Limited.
The details regarding the shares and initial contributions are summarized in the table below:
| Particulars | Details |
|---|---|
| Shares Issued to Lohum Cleantech Pvt Ltd. | 5,100 equity shares of Rs. 10/- each |
| Shares Issued to Talbros Automotive Components Ltd. | 4,900 equity shares of Rs. 10/- each |
| Board Representation (Talbros) | Entitled to nominate two (2) directors on the Board of the joint venture company. |
Rationale and Operational Scope
The companies view this joint venture as a strategic move that combines Lohum’s technology and expertise in producing high-quality recovered carbon black (rCB) and devulcanized rubber with Talbros’ strong Original Equipment Manufacturer (OEM) relationships and market access.While the JV company is formed for the specific business of manufacturing, trading, and refining rCB and related products, the operational scale of the entity has not yet commenced. No conflict of interest was identified in relation to the execution of this Joint Venture Agreement.
TALBROAUTO Stock Price Movement
As of 3:03 PM, shares of Talbros Automotive Components Limited are edging higher, gaining 1.29% to reach ₹431.45 as the stock rallies strongly in live trading. This impressive performance pushes the equity to its 52-week high, with 234,221 shares traded in this session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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