TI Clean Mobility Private Limited (TICMPL), a subsidiary of Tube Investments of India Limited (TII) announced its entry into the largest segment of commercial vehicles in India with its fourth Electric Vehicle platform. TICMPL will float a new subsidiary company to commercialize eSCV (electric small commercial vehicles). In this regard, TICMPL entered into an agreement…
TI Clean Mobility Private Limited (TICMPL), a wholly owned subsidiary of Tube Investments of India Limited (TII), has signed definitive documents with TII, Multiples Private Equity Fund III (Multiples), State Bank of India (SBI) along with other co-investors to raise capital up to Rs. 1950 Cr. in the form of Equity and CCPS. The total…
TI Clean Mobility Private Limited (TICMPL), a wholly owned subsidiary of Tube lnvestments of lndia Limited (TII), is pursuing its vision in the clean mobility, particularly in the electric vehicles industry. TICMPL, in line with its growth plan in the electric vehicle industry, has executed today a Share Purchase Agreement with the founders of Cellestial…
Tube Investments of India Limited announced it has formed a 100% subsidiary viz. TI Clean Mobility Private Limited (‘TICMPL’) to consolidate and focus on its clean mobility ventures. TICMPL has existing interests in 3-wheeler electric vehicle and electric tractors (operated through its subsidiary Cellestial E-Mobility Private Limited). ln line with its vision to pursue clean…
Tube Investments of India, a Murugappa Group company that specializes in engineering, bicycles, metal formed products, and chains, announced it has incorporated TI Clean Mobility Private Limited,(TCMPL), a wholly-owned subsidiary of the company on February 12, 2022. According to the company’s exchange filing, “we would like to inform that the Company viz., Tube Investments of…