The following shall be the Policy on determining material subsidiaries of Tube Investments of India Limited (‘Company’), as approved by the Company’s Board of Directors. This Policy is subject to the Board’s review and changes, as may be appropriate, from time to time in conformity with the requirements of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred to as “Regulations”) as amended from time to time.
The purpose of this Policy is to determine the material subsidiaries of the Company.
This Policy shall be disclosed on the website of the Company and a web link thereto provided in the Annual Report of the Company.
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