Tube Investments of India (TII) has successfully completed the acquisition of 76.24% of the paid-up equity share capital of Orange Koi Private Limited. The transaction involved the purchase of 8,94,072 equity shares at a face value of Rs. 10 each. Following this investment, Orange Koi is now officially a subsidiary of TII, marking a strategic expansion for the company.
Strategic Investment Details
Tube Investments of India (TII) announced the successful acquisition of a majority stake in Orange Koi Private Limited on April 6, 2026. By acquiring 8,94,072 equity shares, the company now holds 76.24% of the total paid-up equity capital of the entity. This development follows the company’s initial announcement regarding the deal, which was first disclosed on February 6, 2026.
Impact on Corporate Structure
With this acquisition, Orange Koi Private Limited has transitioned into a subsidiary of TII. The deal serves to strengthen TII’s portfolio, aligning with its growth strategy. The shares were acquired at a face value of Rs. 10 per share, consolidating TII’s control over the operations and future direction of the newly integrated subsidiary.
Source: BSE
