Tolins Tyres Subsidiary Acquires Plant and Machinery for Capacity Expansion

Tolins Tyres Subsidiary Acquires Plant and Machinery for Capacity Expansion​

Tolins Tyres Limited's wholly owned subsidiary, Terra Rubber Private Limited, has entered into a significant Purchase Agreement to acquire plant and machinery from Cochin Reclaim and Rubbers Private Limited. The transaction, executed on July 1, 2026, is aimed at facilitating capacity expansion and achieving backward integration of Terra Rubber’s operations.

The purchase agreement involves the acquisition of specified plant and machinery from Cochin Reclaim, an unrelated third party. Neither Terra Rubber nor Tolins Tyres Limited holds any shareholding in Cochin Reclaim regarding this transaction.

According to the terms of the agreement, the acquired assets are being purchased on an "as-is, where-is" basis. A key operational requirement stipulates that Terra Rubber must remove all the machinery from Cochin Reclaim's premises within sixty days from the date of the Agreement, entirely at its own expense. Title to each piece of machinery will transfer exclusively upon full payment of its allocated value and its physical removal from the seller's location.

The transaction was conducted as an arm's length deal, with no material restriction or liability being imposed on Terra Rubber regarding the purchase itself. The acquisition is noted as a routine purchase within the ordinary course of business for the subsidiary.

Key details of the acquisition are summarized below:


This agreement does not fall under the definition of a related party transaction, as Cochin Reclaim is an unrelated third party to Tolins Tyres Limited.

TOLINS Stock Price Movement​

Tolins Tyres Limited shares slipped today to settle at ₹103.70, declining by 0.56% in the closed market session. The equity traded a volume of 47,019 shares during the day.