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Tube Investments Raises Stake in Shanthi Gears to 73.16% via ₹77.49 Crore Block Deal

Tube Investments of India logoTube Investments of India
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Tube Investments of India acquired an additional 2.69% stake in its listed subsidiary Shanthi Gears through an all-cash stock exchange block deal, increasing its holding from 70.46% to 73.16%. The company bought 20,64,713 equity shares for about ₹77.49 crore after board approval, completing the deal on August 21, 2026.

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