ImportantCompany Update
Tuni Textile Limited has announced a Rights Issue Committee meeting to finalize key terms for its proposed Rights Issue.
Tuni Textile Mills Ltd531411 · Filed with the exchange
The committee will discuss and decide on the issue price, payment mechanism, rights entitlement ratio, and timing, along with fixing the Record date.
This follows a previous Board approval for a Rights Issue of fully paid-up Equity Shares aggregating up to Rs. 49.00 Cr.
The trading window for designated insiders is closed until 48 hours after the meeting concludes, ensuring fair information dissemination for this crucial capital raise.
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