(13 May 2024, 15:13)

Board of Tube Investments of India approves LT borrowing of up to Rs 350 cr for FY2025

At meeting held on 13 May 2024

The Board of Tube Investments of India at its meeting held on 13 May 2024 has approved long-term borrowing up to Rs. 350 crore by way of term loan and/or by way of issue of privately placed secured non-convertible debentures, in one or more tranches, if required, to meet the Company's fund requirements for FY 2024-25.

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Board of Tube Investments of India approves LT borrowing of up to Rs 350 cr for FY2025