Tube Investments of India (TIIL) is planning to raise funds including through issue of capital by way of preferential issue of eligible securities to eligible investors in accordance with the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. A meeting of the Board of Directors of the Company is scheduled to be held on November 26, 2020 for considering the same.
Tube Investments of India was formed by merging TI Cycles of India and Tube Products of India. The company is in to the business of manufacturing metal products.
