Tube Investments of India Limited announced that, Mr. M M Murugappan stepped down as Chairman and resigned as Director of the Company with effect from the close of business hours on November 11, 2020 upon reaching 65 years of age and wishes to pursue philanthropy and other interests. The Board appointed Mr. M A M Arunachalam as Additional Director (non-executive, non-independent) of the Company with effect from November 11, 2020. Mr. Ramesh K B Menon (DIN 05275821) resigned as Director of the Company for personal reasons with effect from close of business hours of November 11, 2020.