01-Jul-2026 14:38:25
TOLINS TYRES LIMITED : INTIMATION ON PURCHASE AGREEMENT
• Tolins Tyres Limited's wholly owned subsidiary, Terra Rubber Private Limited, entered a Purchase Agreement with Cochin Reclaim and Rubbers Private Limited. • The agreement is for the purchase of plant and machinery to facilitate capacity expansion/backward integration. • The transaction was executed on July 1, 2026, and is considered an arm's length transaction. • Terra Rubber will purchase identified plant and machinery on an 'as-is, where-is' basis, with removal within 60 days at its own cost. • Title passes upon full payment and physical removal of machinery. • This is a routine purchase in the ordinary course of business and does not impact management or control of the listed entity. Impact: Neutral (Routine business transaction for capacity expansion with no material impact on management or control)
Tolins Tyres Ltd
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