Tolins Tyres Share Price Today

Tolins Tyres holds 23rd AGM, adopts FY26 financials and reappoints directors

Tolins Tyres held its 23rd AGM on September 29, 2026, via video conferencing. Members adopted standalone and consolidated financial statements for FY26. No adverse remarks were noted by statutory or secretarial auditors for FY26. Sankarakrishnan Ramalingam was re-appointed as Non-Executive Non-Independent Director.

Tolins Tyres provides weblink for FY26 annual report to shareholders

Tolins Tyres provides weblink for FY26 Annual Report to shareholders without registered emails. The company complies with SEBI Regulation 30 and Regulation 36(1)(b). 23rd AGM scheduled for September 29, 2026, via Video Conferencing. Key agenda includes adoption of FY26 financials and director reappointment. Remote e-voting opens on September 25, 2026, closing on September 28.

Tolins Tyres subsidiary Terra Rubber starts reclaimed rubber plant construction in Palakkad

Tolins Tyres subsidiary Terra Rubber commenced construction of a reclaimed rubber plant in Palakkad on August 24, 2026. The facility will convert scrap tyres and rubber waste into reclaimed rubber via devulcanisation. The project supports backward integration and circular manufacturing strategies for the group. Terra Rubber may generate EPR certificates under CPCB framework, creating additional revenue streams. The move reduces reliance on virgin resources by optimising the raw-material mix.

Tolins Tyres subsidiary buys plant for capacity expansion

Tolins Tyres Limited’s wholly owned subsidiary, Terra Rubber Private Limited, entered into a Purchase Agreement on July 1, 2026, with Cochin Reclaim and Rubbers Private Limited to acquire plant and machinery for capacity expansion. The transaction, conducted on an arm's length basis with an unrelated third party, requires Terra Rubber to remove the machinery within sixty days. The acquisition does not impact the management or control of Tolins Tyres and was disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Tolins Tyres FY26 net profit falls 7.7% on margin pressure

Tolins Tyres Limited reported a 7.72% decline in FY26 consolidated net profit to ₹35.69 crore, despite an 11.86% rise in revenue to ₹327.12 crore. Profitability was impacted by a 519 basis point contraction in EBITDA margins to 14.61%, attributed to GST revisions on tyres and retreading materials. The company produced 5,35,870 tyres in FY26, a 36% increase, and expects to maintain current performance levels in FY27 subject to market stabilization.

Brickwork Ratings Submits Third Monitoring Agency Report for Tolins Tyres for Quarter Ended March 31, 2026

Brickwork Ratings India Private Limited submitted the Third Monitoring Agency Report for Tolins Tyres Limited for the quarter ended March 31, 2026, under Regulation 41 of SEBI ICDR Regulations. The company raised ₹230.00 Crore through a Fresh Issue (₹200.00 Crore) and Offer for Sale (₹30.00 Crore) of equity shares at ₹226 per share. The report confirms full utilisation of issue proceeds towards stated objects with no deviations, and the remaining balance of ₹2.79 Crore across two Axis Bank accounts represents accrued interest on issue proceeds. All government approvals have been obtained and no delays in implementation of any object were reported.