Subsidiary Terra Rubber buys plant and machinery for capacity expansion

Tolins Tyres wholly owned subsidiary Terra Rubber Private Limited has signed a purchase agreement with Cochin Reclaim and Rubbers Private Limited to buy plant and machinery. The deal, signed July 1, 2026, is aimed at capacity expansion and backward integration. Cochin Reclaim is an unrelated third party, no shares have been issued, and there is no impact on management or control. The transaction is at arms length, and machinery must be removed within 60 days. No deal value has been disclosed.