Tube Investments JVC becomes subsidiary on allotment of equity shares

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Capital Market
Last Updated : Feb 27 2015 | 12:01 AM IST

On 26 February 2015

Tube Investments of India announced that TI Tsubamex, a joint venture company with Tsubamex Company, Japan has become its subsidiary on allotment of 1,75,00,000 equity shares of face value of Rs 10 each in the share capital of TTPL. The company and Tsubamex hold 75% and 25% respectively in TTP's equity share capital.

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First Published: Feb 26 2015 | 5:22 PM IST

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