Tube Investments of India acquire majority stake in Moshine Electronics

27 Sep 2022 , 01:32 AM

Tube Investments of India has completed the acquisition of 2066628 equity shares of the face value of Rs 10 each representing 76Percentage of the subscribed and paid up share capital of Moshine Electronics at a revised consideration of Rs 738 crore original consideration of Rs 864 crore Effective today Moshine has become a subsidiary of the Company