Rights Issue27 Aug 2026, 12:32 pm
Tuni Textile Mills cancels Rights Issue Committee meeting
AI Summary
Tuni Textile Mills Ltd has announced the cancellation of its Rights Issue Committee meeting, originally scheduled for August 27, 2026. The meeting was intended to discuss and finalize terms for a proposed Rights Issue. The cancellation is due to unavoidable exigencies. The company will inform the stock exchange about the revised meeting date in due course. This cancellation follows previous intimations regarding the Rights Issue made on July 15, July 23, and August 05, 2026, in compliance with SEBI regulations.
Key Highlights
- Rights Issue Committee meeting cancelled due to unforeseen circumstances.
- Original meeting date was August 27, 2026.
- Terms of proposed Rights Issue were to be discussed.
- Revised date for the meeting will be intimated later.
- Cancellation is a significant development for the proposed Rights Issue.
Price Impact
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