Tube Investments of India Limited (TII) has successfully completed the acquisition of a 76.24% stake in Orange Koi Private Limited. This strategic move, finalized on April 6, 2026, involves the purchase of 8,94,072 equity shares. Following this transaction, Orange Koi has officially become a subsidiary of TII, marking a significant step in the company’s growth and expansion strategy within its sector.
Acquisition Overview
Tube Investments of India Limited has strengthened its corporate portfolio through the acquisition of M/s. Orange Koi Private Limited. The company confirmed that it acquired 8,94,072 equity shares at a face value of Rs. 10 per share. This investment grants TII a majority holding of 76.24% in the paid-up equity share capital of the target entity.
Impact on Corporate Structure
Following the completion of the transaction on April 6, 2026, Orange Koi Private Limited is now classified as a subsidiary of Tube Investments of India Limited. This transition is in accordance with the Companies Act, 2013, and marks the successful conclusion of the acquisition process that was initially signaled by the company in early February 2026.
Source: BSE
