M&A

M&A

Tube Investments acquires 87% in precision parts maker Orange Koi for Rs.73-Cr

BSE Announcement   Business Line   Orange Koi   Orange Koi  

Chennai-based, publicly listed auto components and industrial systems manufacturer Tube Investments of India has acquired 87% of Visakhapatnam-based metal components manufacturer Orange Koi for INR 73 crore. This acquisition will be financed through a combination of purchasing equity shares from existing shareholders and subscribing to fresh equity shares.Founded in 2020 by Deepak Kukreti and Divya Nallamothu, Orange Koi manufactures precision parts for the medical and defence industries, employing specialised technologies including metal injection moulding and additive manufacturing. The company reported a turnover of INR 4 crore in FY25.