Tuni Textile Mills has rescheduled its Rights Issue Committee meeting to August 27, 2026, marking the second postponement of the session originally slated for July 24. The company cited unavoidable circumstances for the delay, which impacts the timeline for finalizing the terms of its proposed capital raise. Shareholders awaiting clarity on the rights entitlement ratio and issue price must now wait until late August for these decisions to be made public.

The meeting will be held at the company’s registered office in Mumbai. In compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Tuni Textile Mills informed the BSE Limited on August 5, 2026, about the change in schedule. The initial meeting was first moved from July 24 to August 6 before this latest deferral.

Agenda for the Rescheduled Meeting

The Rights Issue Committee is tasked with approving several pivotal components of the fundraising exercise. These decisions are crucial for determining how existing shareholders can participate and what financial commitment is required from them.

The specific terms, including the price per share and the exact number of shares each eligible holder can subscribe to, remain undisclosed until the committee concludes its deliberations. The timing of the issue window will also be set during this session.

Trading Window Restrictions

To maintain market integrity, Tuni Textile Mills has kept the trading window closed for all Designated Persons and their immediate relatives since July 1, 2026. This restriction, mandated by the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s Code of Internal Procedures, prevents insiders from trading while in possession of unpublished price-sensitive information.

The trading window will remain shut until 48 hours after the conclusion of the August 27 meeting and until the information discussed becomes generally available to the public. This ensures that all investors receive material information simultaneously, preventing any unfair advantage based on early access to the rights issue terms.

What the Numbers Show

While no financial figures were disclosed in this intimation, the repeated postponements suggest complexity in finalizing the rights issue structure. The delay from mid-July to late August indicates that management requires additional time to negotiate or determine optimal pricing and entitlement terms. For investors, this extended timeline means continued uncertainty regarding the dilution impact and capital injection amount, which will only be clarified once the committee meets on August 27.

Tuni Textile Mills has postponed its Rights Issue Committee meeting, originally scheduled for July 24, 2026, to Thursday, August 06, 2026. The company cited unavoidable circumstances for the delay in the decision-making process regarding its proposed capital raise. This postponement impacts the timeline for finalizing key parameters of the rights issue, including the offer price and record date, which are crucial for determining shareholder eligibility.

The intimation was submitted to BSE Limited on July 23, 2026, pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously informed the exchange about the initial meeting schedule on July 15, 2026. The delay ensures that the committee can adequately review all aspects of the proposed issuance without procedural constraints.

Agenda for Rescheduled Meeting

The Rights Issue Committee will convene at the company’s registered office in Mumbai on August 06, 2026. The agenda includes several critical decisions required to move forward with the capital raising exercise:

These decisions are foundational to the execution of the rights issue, as they define the financial structure and timeline accessible to existing shareholders.

Compliance and Trading Window Status

The company confirmed that the trading window for designated persons and their immediate relatives remains closed. This restriction began on July 01, 2026, following the closure of trading hours on the Bombay Stock Exchange. The window will remain shut until 48 hours after the declaration of financial results for the quarter ended June 30, 2026. This measure aligns with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s internal code of conduct for regulating insider trading.

Narendra Kumar Sureka, Managing Director of Tuni Textile Mills Ltd, signed the intimation. The company’s registered office is located in Andheri East, Mumbai, while its works facility is situated in the MIDC Industrial Area, Murbad, Thane district.