Tuni Textile Mills Ltd Rights Issue (Tuni Textile Mills Rights Issue 2025) Detail

Rights Issue Timetable

Tuni Textile Mills Limited is an Indian textile company primarily engaged in the manufacturing of synthetic fabrics, including polyester, polyester-cotton, cotton-linen, and blended varieties. The company was incorporated in 1987, with its plant at MIDC, Murbad, Thane, Maharashtra. It supplies to major brands such as Siyaram’s, Mafatlal, Donear, and various garment and apparel export houses. Tuni Textile Mills operates largely in the B2B segment, focusing on shirting fabrics, uniform materials, and other apparel-related textiles. It is recognized for quality, product range, design innovation, and reliable service.

Objects of the Issue:

The company intend to utilise the gross proceeds raised through the Issue (the “Issue Proceeds”) after deducting the Issue-related expenses (“Net Proceeds”) for the following Objects:

1. Part repayment/ Pre-payment of certain secured loans availed from lenders (as on June 30, 2025);
2. Funding the expenditure towards renovation, including replacement/repairing of Industrial Shed’s Wall, Flooring & Roof Sheeting, Repair, Restoration and Strengthening of the entire Structure of the existing factory located at Murbad, Thane, Maharashtra, along with interior work of factory office and new corporate office
3. Augment the existing and incremental working capital requirement of our Company;
4. Purchase of new Corporate Office for the company in Andheri, Mumbai;
5. Upgradation of existing machinery and purchase of new machinery at the existing factory located at Murbad, Thane, Maharashtra; and
6. General corporate purposes.