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Tube Investments of India informs about acquisition

25 Mar 2023 Evaluate
Pursuant to Regulation 30 of the SEBI Listing Regulations, Tube Investments of India has informed that Tube lnvestments of lndia along with Pl Opportunities Fund I Scheme ll has entered into a Share Purchase Agreement with lndia Medical Consumables Holdings (a Samara Capital entity) and other shareholders of Lotus Surgicals (Lotus) on 24th March 2023 to acquire the entire equity share capital of Lotus; Entering into Shareholders' Agreement with Pl Opportunities Fund I Scheme ll (Premji lnvest). Copy of the Press Release issued in the above regard is further attached.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
SamvardhanaMotherson 164.00
Tube Investments 2650.00
Bosch 48602.60
UNO Minda 1223.50
Motherson SumiWiring 36.32
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