Tuni Textile Mills Limited (ISIN: INE560D01027) has announced two significant updates for its shareholders. The company has extended the closing date of its rights issue and scheduled its Annual General Meeting (AGM) for the end of the year.

Rights Issue Extension

The textile manufacturer has extended the closing date of its rights issue from December 8, 2025, to December 15, 2025. This extension provides shareholders with additional time to participate in the rights issue. The company has published the extension notice in three newspapers:

• Financial Express (English, National Daily - All Editions)
• Jansatta (Hindi, National Daily - All Editions)
• Lakshadweep (Marathi - Maharashtra Edition)

Annual General Meeting

Tuni Textile Mills has also announced that its Annual General Meeting will be held on December 31, 2025. In line with modern corporate practices, the AGM will be conducted through video conferencing. To facilitate shareholder participation, e-voting facilities will be provided by the National Securities Depository Limited (NSDL).

Financial Overview

While the company has not provided specific details about its financial performance in this announcement, a look at its recent balance sheet data reveals some insights into its financial position:

The company's balance sheet shows a slight decrease in total assets and current assets over the past year, while total equity has increased by 4.48%. Current liabilities have remained relatively stable with a marginal increase of 0.35%.

Conclusion

The extension of the rights issue closing date may indicate that Tuni Textile Mills is keen on ensuring maximum participation from its shareholders. This, coupled with the upcoming AGM, suggests that the company is focusing on shareholder engagement and transparency in its operations. Investors and stakeholders should keep an eye on the outcomes of both the rights issue and the AGM for further insights into the company's strategic direction and financial health.

Tuni Textile Mills Limited , a player in the Indian textile industry, has announced a significant business development. The company has secured a purchase order worth Rs 10 crore from Zee Fabric, Mumbai, for the supply of finished fabrics for uniforms and apparels.

Order Details

The domestic order, which excludes applicable taxes including 5% GST, is to be executed within a six-month timeframe. Here are the key details of the order:

Company Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Tuni Textile Mills Limited has made a formal disclosure to the BSE Limited. The company has confirmed that this order does not fall under related party transactions, and there is no interest from the promoter/promoter group or group companies in Zee Fabric, Mumbai.

Market Implications

This order represents a significant business opportunity for Tuni Textile Mills Limited. The Rs 10.00 crore contract not only provides a boost to the company's order book but also demonstrates its capability to cater to substantial domestic demands in the textile sector.

The timely execution of this order over the next six months may have positive implications for the company's revenue and potentially its market position in the domestic textile industry. However, investors and market watchers should note that the actual impact on the company's financials will depend on various factors, including successful order execution and overall market conditions.

As the textile sector continues to be a crucial part of India's manufacturing landscape, such orders underscore the ongoing demand for quality textile products in the domestic market. Tuni Textile Mills Limited's ability to secure this order may be seen as a positive indicator of its competitive standing in the industry.

Investors and stakeholders of Tuni Textile Mills Limited may want to keep a close eye on the company's performance over the coming months as it works to fulfill this significant order.