Talbros Partners With Lohum to Form Recovered Carbon Black Joint Venture

Talbros Automotive Components Limited has formally executed a joint venture agreement with green tech firm Lohum Cleantech Private Limited to establish a domestic entity named Lohum Talbros CarbonTech Private Limited. The new enterprise will focus on the trading, manufacturing, production, and refining of recovered Carbon Black (rCB), allied by-products, and devulcanized rubber.

The strategic rationale behind the venture combines Lohum’s proprietary resource recovery and recycling technologies with the established original equipment manufacturer (OEM) market relationships maintained by Talbros. 

According to statutory compliance documents, the partnership is structured around a 51:49 equity split, with Lohum Cleantech holding the majority share. Under the governance terms, the joint venture's board will comprise five directors, with Lohum nominating three representatives and Talbros nominating two. The initial paid-up equity share capital for the company is set at INR 100,000, with Lohum contributing Rs 51,000 and Talbros contributing Rs 49,000.