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Tuni Textile Mills' Board has approved a Rights Issue of equity shares, aimed at raising funds. The company plans to issue equity shares with a face value of Re. 1 each, with the aggregate value not exceeding 49 Crore. This rights issue will be offered to eligible equity shareholders. Specific terms, including the issue price, rights entitlement ratio, record date, and payment schedule, will be determined by the Board in due course, pending necessary regulatory approvals. This decision enables the company to secure additional capital.