Tolins Tyre Limited has incorporated a new wholly owned subsidiary, Terra Rubber Private Limited, as part of its strategic diversification into the tyre and rubber recycling business. The new entity was formally established on July 28, 2025, and is fully owned by Tolins.
With this move, Tolins aims to strengthen its position in the rubber value chain by venturing into the collection, processing, and recycling of used tyres and rubber products. Terra Rubber will focus on using environmentally sustainable methods—mechanical, thermal, and chemical, to recycle waste into reusable materials.
The subsidiary will manufacture and trade in a range of recycled products including reclaim rubber, crumb rubber, rubber powder, pyrolysis oil, carbon black, and steel wire. These outputs are intended to support Tolins’ manufacturing needs and reduce dependence on external suppliers.
Tolins also highlighted that the initiative is aligned with its broader goals of achieving Extended Producer Responsibility (EPR) compliance and ensuring high-quality inputs for its own operations. Powdered rubber, one of the key outputs from the recycling process, will directly support Tolins’ backward integration plans.
Terra Rubber Private Limited has been incorporated with an authorized and paid-up capital of ₹1,00,000, comprising 10,000 equity shares of ₹10 each. The registered office of the new entity is located at Mini Industrial Estate, Kalady, in Kerala.
The entire acquisition was completed via cash consideration, with Tolins acquiring 100% ownership. No additional regulatory approvals were required for the formation of the subsidiary.