Tag: Montra Electric
MANUFACTURING TII Lines Up ₹650-Cr Capex For FY27 Across Core Operations, Subsidiaries

Engineering and manufacturing major Tube Investments of India Ltd (TII) said it plans to invest between ₹300 crore and ₹350 crore in its core businesses during the current financial year, while an additional ₹300 crore is expected to be deployed into subsidiaries, including its electric vehicle and medical businesses. Managing Director Mukesh Ahuja said the […]

CW Bureau · May 19, 2026
AUTO TI Clean Mobility Completes Full Acquisition Of Tivolt Electric Vehicles

Murugappa Group company TI Clean Mobility Pvt Ltd (TICMPL) has acquired the remaining three crore equity shares of Tivolt Electric Vehicles Pvt Ltd for ₹30 crore, making it a wholly owned subsidiary. TICMPL is a subsidiary of Tube Investments of India Ltd. This transaction will enable TICMPL to consolidate its holding and have better operational […]

CW Bureau · Apr 1, 2026