Tolins Tyres Limited Reports No Deviation in IPO Fund Utilization for Q3 FY26

Tolins Tyres Limited has submitted its quarterly compliance statement to stock exchanges, confirming no deviation in the utilization of funds raised through its Initial Public Offer (IPO) for the quarter ended December 31, 2025. The statement, filed pursuant to SEBI regulations, demonstrates the company's adherence to its original fund utilization plan outlined in the prospectus. IPO Fund Raising Details The company successfully raised funds through its IPO in September 2024, with the following financial structure: Parameter Amount (₹ crores) Total Issue Size 200.00 IPO-related Expenses 16.20 Net Proceeds Available 183.80 Total Funds Utilized 198.61 Fund Utilization Breakdown Tolins Tyres has allocated the IPO proceeds across multiple strategic objectives as originally planned. The detailed utilization shows effective deployment of capital across various business requirements: Object Original Allocation (₹ crores) Funds Utilized (₹ crores) Loan Repayment/Prepayment 69.97 72.44 Working Capital Augmentation 75.00 75.08 Subsidiary Investment 23.15 23.15 General Corporate Purposes 15.68 14.10 Issue Expenses 16.20 13.84 Regulatory Compliance and Oversight The statement demonstrates the company's commitment to regulatory compliance under SEBI guidelines. Key compliance aspects include: Monitoring Agency: Brickwork Ratings India Private Limited oversees the fund utilization Audit Committee Review: Statement reviewed and approved on February 13, 2026 Regulatory Framework: Filed under Regulation 32(1) of SEBI (LODR) Regulations 2015 Quarterly Reporting: Covers the period ended December 31, 2025 Fund Deployment Analysis The utilization pattern shows strategic allocation across core business areas. The loan repayment objective received ₹72.44 crores against the planned ₹69.97 crores, indicating complete fulfillment of debt obligations. Working capital augmentation consumed ₹75.08 crores, closely matching the allocated ₹75.00 crores, reflecting precise capital planning. The subsidiary investment of ₹23.15 crores was utilized exactly as planned for Tolins Tyres Private Limited, supporting debt repayment and working capital requirements. General corporate purposes utilized ₹14.10 crores against the allocated ₹15.68 crores, while issue expenses were ₹13.84 crores compared to the budgeted ₹16.20 crores. Corporate Governance The statement was digitally signed by Umesh M, Company Secretary and Compliance Officer, ensuring proper authorization and documentation. The company maintains its registered office at Kalady, Kerala, and holds ISO 9001:2015 and IATF 16949:2016 certifications, reflecting its commitment to quality standards and operational excellence. Tolins tyres Limited has announced that its Board of Directors will convene on February 13, 2026, to review and approve the company's quarterly financial performance. The meeting will focus on considering the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. Board Meeting Details The company has formally notified both BSE Limited and National Stock Exchange of India about the upcoming board meeting in compliance with regulatory requirements. The notification was issued on February 09, 2026, under the provisions of Regulation 29(1) & 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. Meeting Details: Information Meeting Date: Friday, February 13, 2026 Purpose: Consider Q3FY26 financial results Results Type: Unaudited standalone and consolidated Period Covered: Quarter and nine months ended December 31, 2025 Trading Window Restrictions In accordance with the company's Code for Prevention of Insider Trading, Tolins Tyres Limited has implemented trading restrictions on its securities. The trading window, which was closed from Thursday, January 01, 2026, will remain closed until Sunday, February 15, 2026. This measure ensures compliance with insider trading regulations during the financial results announcement period. Company Information Tolins Tyres Limited, formerly known as Tolins Tyres Private Limited, operates under the tagline "Safer - Stronger - Lives Longer." The company is listed on both BSE (Scrip Code: 544254) and NSE (Symbol: TOLINS). The notification was signed by Umesh M, Company Secretary and Compliance Officer, who holds membership number A72122. Regulatory Compliance The company maintains its registered office at 1/47, MC Road, Kalady, Kerala, India – 683 574. Tolins Tyres Limited holds ISO 9001:2015 & IATF 16949:2016 certifications and operates under CIN: L25119KL2003PLC016289. The formal communication to stock exchanges demonstrates the company's commitment to maintaining transparency and adhering to regulatory disclosure requirements. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.