Board of Directors in their meeting held on November 11, 2025 has fixed the Record date for the purpose of Rights issue
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The Board of Tuni Textile Mills has fixed Saturday, November 15, 2025 as the record date for its proposed Rights Issue. Shareholders holding shares on this date will be eligible to apply for the rights equity shares. The rights issue size is up to Rs. 4,900 lakhs, which was approved by the Board on July 23, 2025. BSE has already granted in-principle approval for the issue on November 4, 2025. The company had previously intimated the outcome of the November 11, 2025 board meeting regarding the rights issue.
Shareholders on the record date (Nov 15, 2025) will be eligible to subscribe to the rights shares. This is a potential dilution event — existing shareholders may need to invest additional funds to maintain their stake, though they also get the opportunity to buy shares at the rights issue price.