T T Limited — QIP/Rights/Pref., 18-06-2025: Rights Issue

TT Limited has announced a rights issue to raise up to Rs. 40 Cr by issuing 3.33 crore fully paid equity shares at Rs. 12 each (Rs. 1 face value + Rs. 11 premium). Existing shareholders can subscribe to 4 shares for every 27 held as on July 4, 2025, with the issue opening mid-July. On full subscription, the equity base will increase from 22.5 crore to about 25.8 crore shares, diluting existing holdings but providing fresh capital likely aimed at strengthening the company’s financial position or funding growth initiatives.