SBI Mutual Fund invested, by way of a preferential allotment, of Rs. 150 crore in Tube Investments of India Limited (“TIIL”), a listed public limited company which is part of the Murugappa Group.
The board of Tube Investment of India (TIIL) has approved raising Rs 350 crore from Azim Premji Trust and SBI Mutual Fund.
Argus Partners advised
Cyril Amarchand Mangaldas advised
2020-11-26
Deal value: Rs. 150 crore
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