Nature of the Event

Tuni Textile Limited has intimated the Bombay Stock Exchange about an upcoming meeting of its Rights Issue Committee, scheduled to be held on Wednesday, September 09, 2026. This communication is made pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Quantitative Figures

The proposed Rights Issue involves issuance of fully paid-up Equity Shares of face value of Re. 1/- each, aggregating up to ₹49.00 Crores.

Dates of Action

The Rights Issue Committee meeting is scheduled for September 09, 2026. The trading window for dealing in the company's equity shares has been closed from September 05, 2026 (immediate effect) and will remain closed until the end of 48 hours after the conclusion of the committee meeting.

Parties Involved

The meeting involves the Rights Issue Committee of Tuni Textile Limited. The communication is addressed to the Listing Operations Department of BSE Limited. The signatory is Narendra Kumar Sureka, Managing Director (DIN: 01963265).

Purpose and Agenda

The Committee will consider and approve various matters related to the proposed Rights Issue, including:

  • Determination of the Rights Issue price and related payment mechanism
  • Rights entitlement ratio
  • Timing of the Rights Issue
  • Fixing the Record Date to determine eligibility of shareholders
  • Any other items with the permission of the Chair

Background Context

This meeting follows the Board Meeting held on March 10, 2026, where the Board approved the proposal for the Rights Issue and constituted the Rights Issue Committee. The Board had authorized the committee members to decide on the terms and conditions of the Issue, including final Issue size/amount, rights entitlement ratio, issue price, record date, schedule of the Rights Issue, approval of letter of offer, appointment of intermediaries, and allotment of shares.

Financial Impact

The Rights Issue will raise up to ₹49.00 Crores through issuance of equity shares to existing shareholders. The specific financial impact on capital structure will be determined after the committee finalizes the terms.