Outcome of Board Meeting for extention of Rights issue closing date
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The Board of Directors of Tuni Textile Mills Limited, at a meeting held on December 13, 2025, has decided to extend the closing date of its ongoing Rights Issue from December 15, 2025 to December 23, 2025. The Rights Issue opened on November 24, 2025, with the Letter of Offer dated November 11, 2025. The extension was granted to give eligible equity shareholders additional time to exercise their rights and submit the Common Application Form. The revised schedule also pushes back the date of allotment to December 24, 2025, credit of shares to December 26, 2025, and listing to December 29, 2025.
Existing shareholders get an extra 8 days to participate in the Rights Issue. This is a procedural extension rather than a change in issue terms, with no impact on the issue size or price.