Tube Investments of India Limited, a leading engineering company based in India, announced the appointment of Sasikala Varadachari as Independent Director and Additional Director.
Tube Investments of India is a wholly owned subsidiary of Murugappa Group.
According to the exchange filing, the Board appointed Ms. Sasikala Varadachari (DIN 07132398) as Additional Director and Independent Director with immediate effect. She is not debarred from holding the office as Director by virtue of any SEBI Order or any other authority.
Tube Investments of India Ltd. is engaged in manufacturing of precision steel tubes and strips, car doorframes, automotive and industrial chains and bicycles .
It operates through four divisions namely, TI Cycles of India, Tube Products of India, TIDC India and TI Metal Forming and has 18 manufacturing facilities throughout India and is headquartered in Chennai, Tamil Nadu, India.