Tube Investments of India Limited (TIINDIA) — Announcement | 31 March 2026

31 March 2026 · NSE 🔴 High Importance ✨ Positive

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

Tube Investments of India Limited announced that its subsidiary TI Clean Mobility Private Limited acquired the remaining 5.45% stake in TIVOLT Electric Vehicles Private Limited for ₹30 crores on March 31, 2026, making TIVOLT a wholly owned subsidiary. TIVOLT manufactures electric small commercial vehicles and reported turnover of ₹81.55 crores (unaudited YTD December 2025) versus ₹5.21 crores in FY2024-25, demonstrating significant growth. The acquisition consolidates operational control and expands TII's presence in the electric vehicle sector.

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About Tube Investments of India Limited (TIINDIA)

Capital Goods · Capital Goods-Non Electrical Equipment · Listed on NSE

Market Cap: ₹47,521.02 CrP/E: 42.9ROE: 7.8%ROCE: 23.6%Div Yield: 0.14%

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📊 More TIINDIA filings

🔴 Announcement — 29 September 2026Tube Investments of India announced an incremental investment in its subsidiary TICMPL, allotting 2....
Announcement — 28 September 2026Tube Investments of India announced that its trading window will close on 1 October 2026 due to the ...
🔴 Announcement — 18 September 2026Tube Investments of India Ltd announced one-on-one investor meetings with analysts on September 23, ...
🔴 Announcement — 18 September 2026Tube Investments of India announced scheduled one-on-one investor meetings on September 23 and 28, 2...
🔴 Announcement — 16 September 2026Tube Investments of India announced that CRISIL reaffirmed its long-term rating at AA+ (Stable) and ...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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