Tube Investments of India acquire majority stake in Moshine Electronics

23 Sep 2022 , 06:33 PM

Tube Investments of India has completed the acquisition of 20,66,628 equity shares of the face value of Rs. 10/- each, representing 76% of the subscribed and paid up share capital of Moshine Electronics at a revised consideration of Rs. 7.38 crore (original consideration of Rs. 8.64 crore). Effective today, Moshine has become a subsidiary of the Company. Powered by Capital Market – Live News