· Manufacturing & Investment · Source: thehindubusinessline.com

Tube Investments invests ₹250 crore in EV arm TICMPL via CCPS

Tube Investments of India will invest ₹250 crore in its EV arm TI Clean Mobility Private Limited through Compulsorily Convertible Preference Shares (CCPS). The funding will support expansion of electric mobility operations and subsidiaries, reinforcing the company’s commitment to scaling its EV business and strengthening its presence in India’s growing clean mobility sector.

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