Tube Investments of India Limited (TII) has announced the acquisition of a significant stake in Orange Koi Private Limited. The company acquired 8,94,072 equity shares, each with a face value of ₹10, representing 76.24% of the paid-up equity share capital of Orange Koi. This acquisition, completed on 6th April 2026, results in Orange Koi becoming a subsidiary of Tube Investments under section 2(87) of the Companies Act, 2013.
The acquisition marks a strategic expansion for Tube Investments, aligning with its broader business objectives. The move is expected to enhance TII’s market position and operational capabilities, although specific strategic plans or financial details related to the acquisition have not been disclosed.
Tube Investments, a prominent player in the industrial sector, continues to pursue growth opportunities through strategic acquisitions and partnerships. The company’s latest acquisition of Orange Koi is indicative of its commitment to expanding its portfolio and strengthening its market presence.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).