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Tube Investments of India incorporates subsidiary

13 May 2023 Evaluate

Tube Investments of India has incorporated a subsidiary namely ‘3xper Innoventure’. The Ministry of Corporate Affairs, Government of India has issued the Certificate of incorporation on May 12, 2023. The company and N. Govindarajan will be subscribing to the equity share capital of the subsidiary in the ratio of 95% and 5% respectively.

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.


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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