StockWatch
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Other Textile Products
Rights Issue5 Sept 2026, 02:31 pm

Tuni Textile Mills Ltd to finalize Rights Issue terms

AI Summary

Tuni Textile Mills Ltd announced that its Rights Issue Committee will meet on September 09, 2026, to approve the final terms and modalities of its proposed Rights Issue. This includes finalizing the issue price, entitlement ratio, record date, and issue opening/closing dates. The company had previously received board approval on March 10, 2026, for a Rights Issue of up to Rs. 49.00 Crores. The trading window for directors and designated employees has been closed until 48 hours after the meeting concludes.

Key Highlights

  • Rights Issue Committee meeting scheduled for September 09, 2026.
  • Finalization of issue price, entitlement ratio, and record date.
  • Total Rights Issue size approved up to Rs. 49.00 Crores.
  • Trading window closed for insiders until post-meeting disclosure.