Tuni Textile Mills Ltd — Board Meeting, 30-06-2025: Board Meeting
30-06-2025 | 10:46 am
30-06-2025 | 10:46 am
Tuni Textile Mills has announced a board meeting to discuss raising funds through various means including further public offer, rights issue, ADR/GDR, foreign currency convertible bonds, qualified institutions placement, or preferential issue. The final decision on the fundraising method and pricing will depend on shareholder and regulatory approvals. The company has temporarily closed its trading window ahead of the financial results announcement, reflecting standard compliance to prevent insider trading. This move to raise capital indicates plans for expansion or strengthening the balance sheet, which could impact shareholders depending on the chosen funding route.
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