Tube Investments of India acquire majority stake in Moshine Electronics
Capital Market 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.
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