Tolins Tyres Limited , a prominent player in the tyre industry, has announced significant changes to its statutory auditors following a board meeting held on September 3, 2025. The company has also set the date for its 22nd Annual General Meeting (AGM), which will be conducted through video conferencing.

Change in Statutory Auditors

The board of directors approved the resignation of M/s. Krishnan Retna & Associates, the company's current statutory auditors. The resignation will be effective from the conclusion of the upcoming AGM. According to the company's statement, the decision was based on a request to appoint group auditors to streamline the audit process.

In light of this change, the board has approved the appointment of M/s. P T Joseph & Co., a Chartered Accountants firm, as the new statutory auditors. The appointment is for a term of 5 consecutive years, commencing from the conclusion of the ensuing AGM until the 27th AGM. This appointment is subject to shareholder approval at the upcoming AGM.

Profile of New Auditors

M/s. P T Joseph & Co. brings a wealth of experience to the role, with over 40 years in the field. The firm, based in Cochin, Kerala, specializes in audit, assurance, consultancy, and taxation services. They have expertise across various industries, including:

• Construction
• Real estate
• Automobile retail
• Transport and logistics
• Manufacturing
• Information technology

The firm is peer-reviewed by the Institute of Chartered Accountants of India (ICAI) and adheres to strict quality control standards. They employ qualified Chartered Accountants, experienced managers, and trained assistants, and utilize emerging technologies such as AI and data analytics to enhance audit quality and efficiency.

22nd Annual General Meeting

Tolins Tyres Limited has scheduled its 22nd AGM for September 30, 2025, at 4:30 PM IST. In line with current practices, the meeting will be held through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), adhering to circulars issued by the Ministry of Corporate Affairs.

Shareholder Voting Rights

The company has set September 23, 2025, as the cut-off date for shareholders to exercise their voting rights. Eligible shareholders can cast their votes using either remote e-voting or the e-voting facility available during the AGM.

This change in auditors and the upcoming AGM mark important developments for Tolins Tyres Limited as it continues to evolve and strengthen its corporate governance practices. Shareholders and market watchers will be keen to see how these changes impact the company's financial reporting and overall performance in the coming years.

Tolins Tyres Limited, a prominent player in the tyre and treads industry, has announced a significant expansion of its agricultural product line with the launch of heavy-duty tractor rear tyres. This strategic move completes the company's full tractor tyre range, further solidifying its position in the agricultural sector.

Comprehensive Tractor Tyre Solution

The introduction of heavy-duty tractor rear tyres marks a crucial milestone for Tolins Tyres, as it now offers a complete tyre solution for tractors. The company's agricultural portfolio already included tractor trailer tyres, tractor front tyres, and tiller tyres. With this latest addition, farmers can now benefit from enhanced performance and reliability across their entire tractor operations.

Strategic Market Expansion

Dr. KV Tolin, Promoter, Chairman and Managing Director of Tolins Tyres, emphasized the significance of this launch, stating, "The launch of our tractor rear tyres is a significant milestone as it completes our tractor tyre range, enabling us to serve farmers with a comprehensive solution. Agriculture remains at the heart of India's economy, and we are committed to supporting farmers with durable, high-performance products that enhance efficiency and reliability in the field."

Leveraging Strong Distribution Network

Tolins Tyres plans to capitalize on its robust network of over 1,200 dealers to ensure widespread availability and accessibility of its new product. This extensive distribution channel is expected to play a crucial role in driving the adoption of the new tractor rear tyres among farmers across India.

Timely Launch for Harvest Season

The company has strategically timed the launch of its heavy-duty tractor rear tyres to coincide with the upcoming harvest season, which begins in late September. This timing allows farmers to prepare their machinery with Tolins' complete tractor tyre range for the critical harvest period.

About Tolins Tyres Limited

Founded in 1982, Tolins Tyres has established itself as a leading producer in the tyre industry, specializing in a diverse range of retreading and tyre products. The company's portfolio includes:

• Two and three-wheeler tyres
• Light Commercial Vehicle (LCV) tyres
• Agricultural tyres

Tolins Tyres operates two manufacturing facilities in Kalady, Kerala, and has a wholly-owned subsidiary, Tolins Tyres LLC, in the UAE.

With this latest product launch, Tolins Tyres continues to demonstrate its commitment to innovation and customer-centric solutions in the agricultural sector, potentially opening new avenues for growth and strengthening its market position.

Note: This article is based on a company announcement dated August 25, 2025. Investors are advised to conduct their own research before making investment decisions.