
Tube Investments of India is coming into the metallic injection moulding sector by way of the acquisition of as much as 87% stake in Visakhapatnam-based Orange Koi Pvt Ltd for a complete consideration of ₹73 crore.
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Tube lnvestments of lndia Ltd (TII) is foraying into the metallic injection molding enterprise by way of the acquisition of the Visakhapatnam-based Orange Koi Pvt Ltd.
Tll on Friday entered right into a Securities Subscription and Buy Settlement & Shareholders’ Settlement for staggered acquisition of as much as 87 per cent of the fairness share capital of Orange Koi. This can be by way of a mixture of the acquisition of fairness shares from the present shareholders of Orange Koi and subscription to contemporary fairness shares, for an combination consideration of as much as ₹73 crore.
Orange Koi, with turnover of ₹4 crore in FY25, is engaged in manufacturing precision components for the medical and defence industries utilizing specialised applied sciences, together with metallic injection molding and additive manufacturing, TII mentioned in a regulatory submitting.
Tll mentioned that it’s taking a look at alternatives for its development as a part of its long-term technique and has recognized metallic injection molding as a strategic enterprise alternative with potential in each the auto and non-auto industries.
The preliminary acquisition is predicted to be accomplished on or earlier than February 28 2026, topic to the passable completion of the Situations Precedent set out within the Securities Subscription and Buy Settlement executed between the events.
Revealed on February 6, 2026
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