Tolins Tyres Rises 3.78% After Launching New Subsidiary ‘Terra Rubber’ for Green Recycling Expansion

Kochi, July 9, 2025 – Tolins Tyres Limited (NSE: TOLINS | BSE: 544254) has announced the formation of a new wholly-owned subsidiary, Terra Rubber Private Limited. They are engaged in the process of expanding into sustainable rubber recycling through backwards integration.

Strategic Expansion into Eco-Friendly Rubber Processing

Tolins Tyres’ board has approved the incorporation of Terra Rubber, which will focus on processing and recycling scrap tyres and rubber products through environmentally sustainable methods. The subsidiary will also manufacture reclaim rubber, crumb rubber, pyrolysis oil, carbon black, and other by-products, opening a new revenue vertical while reinforcing the company’s raw material supply chain.

The initiative supports cost optimisation, compliance with environmental mandates, and aligns with Tolins Tyres’ broader sustainability roadmap.

Investment & Structure Overview

Particulars	Details
Subsidiary Name	Terra Rubber Private Limited
Structure	Wholly Owned Subsidiary (100%)
Authorized Capital	₹1,00,000
Shares Acquired	10,000 equity shares of ₹10 each
Consideration Type	Cash
Timeline for Incorporation	Within 120 days
Registered Office	Kalady, Ernakulam, Kerala

Purpose Behind the Move

• Backward Integration: Powdered rubber produced in-house will reduce dependency on external vendors.
• Green Compliance: Supports Extended Producer Responsibility (EPR) in accordance with sustainability norms.
• Business Diversification: Strengthens Tolins’ presence in the circular rubber economy.

“This initiative will help ensure high-quality recycled rubber that meets Tolins standards, while expanding our footprint in a future-ready segment,” the company said.

Stock Market Reaction

Metric	Value
Share Price (↑)	₹170.65
% Gain	+3.78%
Day’s High / Low	₹173.55 / ₹166.00
Previous Close	₹164.43
Volume Traded	1.82 lakh shares
Market Capitalisation	₹674.22 crore
VWAP	₹170.69

Outlook

Tolins Tyres’ launch of Terra Rubber marks a strategic move into green recycling, which will enhance sustainability, lower raw material costs, and generate new revenue opportunities through backwards integration in the rubber processing process.

About the Company

Tolins Tyres Limited, based in Kerala, is a tyre manufacturer catering to two-wheeler, commercial, and off-road segments. Listed on NSE and BSE in September 2024, the company is part of the NIFTY IPO Index and continues to pursue innovations in tyre technology and material sustainability.

The latest expansion into rubber recycling through Terra Rubber reflects Tolins’ intent to build a resilient, eco-conscious supply chain while capturing value across the tyre lifecycle.

REF: https://nsearchives.nseindia.com/corporate/tolins_08072025204446_WOS_INTIMATION.pdf

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