Tuni Textile Mills Limited has completed its rights issue process with the finalization of allotment approved by the Rights Issue Committee on October 27, 2026. The meeting was held from 5:00 PM to 5:30 PM on that date.
Key Details of the Rights Issue
- Type of Securities: Equity Shares
- Type of Issuance: Rights issue to existing equity shareholders
- Number of Shares Allotted: 46,91,79,280 fully paid-up Equity Shares
- Face Value: ₹1.00 per share
- Issue Price: ₹1.00 per Rights Equity Share
- Total Issue Amount: ₹4,691.79 lakhs (₹46.92 crore)
Capital Structure Impact
The rights issue has significantly impacted the company's paid-up share capital:
Pre-Rights Issue Capital:
- Number of Shares: 13,06,31,000
- Face Value: ₹1.00
- Amount: ₹13,06,31,000 (₹13.06 crore)
Post-Rights Issue Capital:
- Number of Shares: 59,98,10,280
- Face Value: ₹1.00
- Amount: ₹59,98,10,280 (₹59.98 crore)
Additional Actions
- Extinguishment of lapsed rights entitlements
- Deactivation of ISIN of rights entitlements: INE560D20027
Non-Applicable Details
The company has stated that details prescribed in points (d) to (g) of Clause 2.1 of the SEBI Master Circular are not applicable to this rights issue. There was no cancellation or termination of the issuance proposal.