Tuni Textile Mills rights issue: Rs 1 per share, record date 16 September

• Instrument: Fully paid-up Rights Equity Shares of the Company of face value of ₹ 1 each.
• Total number of equity shares and issue size: 48,98,66,250 fully paid-up Equity Shares of face value of ₹ 1 each, for an aggregate amount not exceeding ₹ 4,898.66 lakhs.
• Rights issue price: ₹ 1 each per Rights Equity Share.
• Record date: Wednesday, September 16, 2026, to determine the existing equity shareholders who will be eligible to participate in the Rights Issue and receive the rights entitlement (the “Eligible Equity Shareholders”).
• Rights entitlement ratio: 15 (Fifteen) rights Equity Shares for every 4 (Four) fully paid-up Equity Shares held by the eligible equity shareholders of the Company, as on the Record Date.
• Rights issue opening date: Monday, September 28, 2026.
• On-market renunciation period (start): Monday, September 28, 2026.
• On-market renunciation period (end): Tuesday, October 20, 2026.
• Rights issue closing date*: Monday, October 26, 2026.
• ISIN for credit of dematerialized rights entitlement: INE560D20027.
• Outstanding equity shares prior to the rights issue: 13,06,31,000 fully paid-up equity shares of face value of ₹1 each.
• Outstanding equity shares post the rights issue#: 62,04,97,200 fully paid-up equity shares of face value of ₹ 1 each (#Assuming full subscription).

*The statement notes that the Board of Directors and/ or Rights Issue Committee have the right to extend the issue closing date, subject to the issue period not exceeding 30 days from the issue opening date (inclusive of the issue opening date).

The filing explains that equity shares are being offered on a rights basis to eligible equity shareholders in the ratio of 15 (Fifteen) Equity Shares for every 4 (Four) Equity Shares held on the record date.

For shareholders whose holdings are not in multiples of 4, the statement on rights entitlement ratio and treatment of fractional entitlement clarifies that the fractional entitlement will be ignored in the computation of the rights entitlement. However, Eligible Equity Shareholders whose fractional entitlements are being ignored will be given preferential consideration for the allotment of one additional Equity Share each if they apply for additional Equity Shares over and above their rights entitlement, subject to availability of Equity Shares in the issue post allotment towards rights entitlement applied for.

Further, Eligible Equity Shareholders holding less than 4 (Four) Equity Shares as on the record date shall have ‘zero’ entitlement in the rights issue. Such shareholders are entitled to apply for additional Equity Shares and will be given preference in the allotment of one additional Equity Share if they apply for additional Equity Shares. The filing states that they cannot renounce the same in favour of third parties and the application forms shall be non-negotiable.

The company states that dividend on the rights equity shares will be "such dividend, as may be recommended by our Board and declared by the shareholders, in accordance with applicable law."

The intimation also notes that rights entitlement on equity shares whose ownership is under dispute, under court proceedings, under transmission, or held in a demat suspense account and for which the company has withheld dividend, shall be held in abeyance. The company will make available the rights entitlement on such equity shares to the identified eligible equity shareholder on submission of documents/records confirming legal and beneficial ownership on or prior to the closing date of the issue, to the satisfaction of the company.

The company states that all other terms and conditions of the rights issue (including fractional entitlement and zero entitlement) will be included in the Letter of Offer, which will be filed with BSE Limited for record purpose only.

The intimation is signed by Narendra Kumar Sureka, Managing Director, DIN: 01963265, and notes that the meeting of the Rights Issue Committee commenced at 2:30 P.M. and concluded at 3:45 P.M.