Tuni Textile Mills Ltd — Important, 11-11-2025: Company Update
11-11-2025 | 08:29 pm
11-11-2025 | 08:29 pm
The company's board has approved the financial results for the quarter and half-year. The board also decided to proceed with a Rights Issue, involving the issuance of 42.32 Cr new equity shares at Re. 1 each, aiming to raise Rs. 42.32 Cr. For every 25 shares held, eligible shareholders will receive 81 Rights Equity Shares. The Record Date for eligibility has been set. This capital raise is expected to increase the total shares outstanding from 13.06 Cr to 55.38 Cr (assuming full subscription), impacting shareholder dilution and the company's capital structure.
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