Tube Investments of India acquisition announcements

AcquisitionTube Investments of India Ltd TIINDIA

Tube Investments of India Acquisition Worth ₹250 Cr

Tube Investments of India invested Rs. 250 Crore to subscribe for Series C Compulsorily Convertible Preference Shares in its subsidiary, TI Clean Mobility Private Limited.

Value

₹250.0 Cr

AcquisitionTube Investments of India Ltd TIINDIAAlfa AlertAn Alfa Alert is ALFA Finder's top-priority alert: filings that can move a stock, such as orders, fund raises and approvals, sent to subscribers on Telegram within seconds of reaching the exchange.

Tube Investments of India Acquisition Worth ₹77.49 Cr

Tube Investments of India acquired an additional 2.69% stake in its subsidiary, Shanthi Gears Limited, for ₹77.49 Crore through a block deal.

Value

₹77.49 Cr

AcquisitionTube Investments of India Ltd TIINDIA

Tube Investments of India Acquisition

Tube Investments of India Limited (TII) has acquired a 76.24% equity stake in Orange Koi Private Limited for an undisclosed amount. Consequently, Orange Koi has become a subsidiary of TII. This strategic acquisition expands TII's corporate portfolio and operational footprint.