T T Limited — Updates, 01-08-2025: Press Release

T.T. Limited successfully closed its Rights Issue of 3,33,30,444 equity shares, raising Rs. 40.00 Crores. The issue was oversubscribed by 1.13 times, signaling strong investor confidence. Funds will be deployed for the Avinashi project capex, brand building, and working capital needs. This capital infusion is set to accelerate TTL's expansion in the domestic market and capitalize on export growth opportunities driven by FTAs and the China Plus One sourcing trend. This move positions TTL for its next phase of growth.