Joint Venture13 Nov 2025, 03:21 pm
Talbros Automotive Components Ltd Announces Joint Venture with Lohum Cleantech Pvt. Ltd.
AI Summary
Talbros Automotive Components Ltd (TACL) has approved a Joint Venture with Lohum Cleantech Private Limited. The JV will focus on Recovered Carbon Black (rCB) and Devulcanized Rubber, aiming to deliver high-quality, sustainable solutions for both domestic and international markets. The JV is expected to contribute significantly to TACL's bottom line in the coming years.
Key Highlights
- JV aims to deliver high-quality, sustainable solutions for domestic and international markets
- Focus on Recovered Carbon Black (rCB) and Devulcanized Rubber
- TACL's deep OEM relationships, market access, and manufacturing expertise combined with Lohum’s advanced technological know-how
- Expected to evolve into a fast-growing and value-accretive division within TACL
- 5-year lock-in period for the JV with standard intra-group exceptions and ROFR / Tag-along rights