Press release dated November 05, 2026, titled "Press Release - Q2"
As filed · Tube Investments of India Limited has informed the Exchange regarding a press release dated November 05, 2026, titled "Press Release - Q2".
What happened
FactA press release dated November 05, 2026, titled "Press Release - Q2". The Board has approved a capital expenditure proposal not exceeding Rs. 83 Cr. towards the capacity.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
Revisedthe plan is to go upwards of 120 dealership for FY26.
the plan is to be having 25 dealers across the country.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- And maybe I think two quarters down the line, we will give you guidance on this business also. (management committed by H1 FY27)
- So we are hopeful, like we shared maybe at least another 2 basis point in the cycle business, we will be able (management committed by FY27)
Evidence
- Tube Investments of India Limited has informed the Exchange about Capacity addition(opens the original filing in a new tab)
- Earlier statement · Q4 FY25
- Latest statement · Q4 FY25
- Earlier statement · Q4 FY25
How CapitSignal classified this
- Reasoning:
- BOARD_MEETING base 22; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%