Tuni Textile Mills Announces Rights Issue of ₹489.87 Cr

Tuni Textile Mills Ltd has announced a Rights Issue of 48,98,66,250 fully paid-up Equity Shares, each with a face value of ₹1, at an issue price of ₹1 per share. The total aggregate amount raised is not expected to exceed ₹4,898.66 Lakhs (₹489.87 Crores). The issue will be offered on a rights basis to eligible equity shareholders in the ratio of 15 Rights Equity Shares for every 4 fully paid-up Equity Shares held as of the record date, September 16, 2026. The Rights Issue Committee has approved the Letter of Offer, which will be submitted to SEBI and uploaded on the company's website. The company confirms no wilful defaulter or fraudulent borrower categorization for itself or its promoters/directors.