Tolins Tyres Limited has informed the Exchange regarding a press release dated November 03, 2025, titled "Press/media release for the receipt of purchase order from Institute of Road Transport (IRT).".
TOLINS · price
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Awaiting price reaction for this filing.
Tolins Tyres has won a rate contract from Tamil Nadu's Institute of Road Transport (IRT) to supply tyre retreading materials to all eight state transport undertakings (STUs) in the state. The contract covers three products — precured tread rubber, bonding gum, and black vulcanizing cement — with monthly quantities allocated to each STU. The broad value of the deal is Rs. 40-50 crores, and it runs for six months from October 31, 2025, or until the next tender is finalised, whichever is later. The approved basic price is fixed for the contract duration, which the company says will protect its margins. The company highlighted that this win strengthens its position as a key ASRTU-specified retreading material supplier in South India.
Positive for the stock in the near term — the order adds a sizable, margin-protected revenue stream and reinforces Tolins' standing in the public transport segment. However, the short six-month tenure means the boost is temporary and depends on follow-on tenders for sustained upside.