Tube Investments of India Limited — JV/Acquisition, 06-02-2026: Acquisition

Tube Investments of India (TII) is making a strategic entry into the metal injection molding (MIM) business. TII will acquire up to 87% stake in Orange Koi Private Limited for an aggregate consideration of up to Rs. 73 Cr. Orange Koi manufactures precision parts for medical and defense industries using specialized MIM and additive manufacturing technologies. This acquisition supports TII's long-term growth by diversifying into high-potential auto and non-auto segments, leveraging TII's engineering expertise with Orange Koi's advanced manufacturing capabilities.