Tolins Tyres has received approval to form a wholly owned subsidiary to undertake a new line of business in the rubber industry as part of the Company's diversification strategy. The Board of Directors of the Company, at its meeting held on May 28, 2025, has approved the same.
Tolins Tyres is primarily engaged in manufacturing of bias tyres for vehicles (including LCV, agricultural and two/three-wheeler vehicles) and precured tread rubber. It also manufactures ancillary products like bonding gum, vulcanizing solution, tyre flaps and tubes.