BSETuni Textile Mills LtdMediumNeutral
Announced Wed, 4 Mar · 16:36 IST

Tuni Textile Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/03/2026 ,inter alia, to consider and approve Fund raising through Rights Issue.

Fund Raising View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tuni Textile Mills Ltd has informed BSE that its Board of Directors will meet on Tuesday, March 10, 2026, to consider and approve raising of funds through a Rights Issue of equity shares to existing shareholders. The issue will be carried out under the Companies Act, 2013 and SEBI (ICDR) Regulations, 2018. The trading window for insiders has been closed until 48 hours after the meeting concludes. The purpose of fund raising and issue size have not been disclosed in this intimation.

Likely market impact

Existing shareholders may get an opportunity to subscribe to additional shares in proportion to their current holdings, which could lead to dilution if they do not participate. The terms, pricing, and size of the rights issue will be known after the board meeting on March 10, 2026.