Investment30 March 2026 at 02:01 pm
Tube Investments of India Ltd. Invests INR 25 Crore in TI Clean Mobility Private Limited
AI Summary
Tube Investments of India Ltd. (Tll) has invested INR 25 Crore in its subsidiary, TI Clean Mobility Private Limited, by subscribing to 2,50,00,000 Series C Compulsorily Convertible Preference Shares. This investment is in line with the company's strategic plans and regulatory requirements.
Key Highlights
- Tube Investments of India Ltd. has invested INR 25 Crore in its subsidiary, TI Clean Mobility Private Limited.
- The investment is in the form of 2,50,00,000 Series C Compulsorily Convertible Preference Shares.
- This investment aligns with the company's strategic plans and regulatory requirements.