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Tube Investments of India (TII) has increased its stake in subsidiary Shanthi Gears Limited (SGL). TII acquired an additional 2.69% of SGL's equity shares for Rs. 77.49 Cr via a block deal. This boosts TII's total holding in SGL from 70.46% to 73.16%. The move is part of TII's long-term investment strategy, deepening its ownership in SGL, which specializes in gears and gearboxes manufacturing (FY26 turnover Rs. 518.72 Cr). This acquisition strengthens TII's control and financial interest in a key asset within its industrial portfolio.