Moneycontrol PRO
HomeNewsShanthigears
Jump to
  • Will look at reshuffle of Shanthi Gears: Tube Investments

    Tube Investments of India has confirmed it will buyout the entire 44.12% stake from Shanthi Gears' promoters. L Ramkumar, the MD of Tube Investments says it will make an open offer post the acquisition which is expected to be funded via internal accruals.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347