Don’t miss the latest developments in business and finance.

Board of Tube Investments of India approves capex of Rs 141 cr

Image
Capital Market
Last Updated : Feb 03 2023 | 3:16 PM IST

At meeting held on 03 February 2023

The Board of Tube Investments of India at its meeting held on 03 February 2023 has approved capacity expansion (from 4125 MT/month to 5950 MT/month) at Company's large diameter precision steel tube manufacturing plant at Tiruttani near Chennai at a cost not exceeding Rs. 141 crore. The project is to be financed through internal accrual and is expected to be completed in FY 2024-25

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Feb 03 2023 | 3:05 PM IST

Next Story