'https://cholafhl.com
 Singapore fund picks stake in Tube Investment
Tube Investments of India
CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED
(Formerly, TI Financial Holdings Limited)
Singapore fund picks stake in Tube Investment
 
Amansa Capital, a Singapore-based fund managment company, had picked up a minority stake in Chennai-based metal-to-mobility firm Tube Investment of India (TIIL). Amansa had picked up the stake in TIIL from the open market. Tube Investments is part of the Rs 13,600 crore Murugappa Group with interests spanning from fertilisers to finance.