Niraj Rajnikant Shah has disclosed a significant shareholding transaction in Tuni Textile Mills Limited, acquiring 50,75,253 shares representing 3.89% of the company's equity through open market transactions. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The shareholding changes occurred through a series of transactions between November 13, 2025 and January 29, 2026. Shah's investment activity involved both acquisitions and disposals during this period.

Shareholding Position

Shah's shareholding position shows the following changes before and after the transaction period:

Despite the acquisition activity, Shah's overall holding decreased due to larger disposal transactions during the same period. The acquirer does not belong to the promoter or promoter group of the company.

Company Capital Structure

Tuni Textile Mills Limited maintains a stable capital structure with no changes to its equity base during the transaction period. The company's equity share capital stands at Rs.13,06,31,000, comprising 13,06,31,000 equity shares of Re.1 each. The shares are listed on BSE Limited.

Regulatory Compliance

The disclosure was submitted on January 30, 2026, in compliance with SEBI regulations governing substantial acquisition of shares. Shah holds no encumbered shares, voting rights other than through equity shares, or any convertible securities in the company. All transactions were conducted through open market purchases and sales.

The disclosure provides transparency regarding significant shareholding changes and ensures compliance with regulatory requirements for substantial acquisitions in publicly listed companies.

TUNI Textile Mills Limited has delivered impressive financial results for the third quarter of FY26, demonstrating strong operational performance across key metrics. The Mumbai-based textile company reported significant growth in both revenue and profitability for the quarter ended December 31, 2025.

Financial Performance Highlights

The company's quarterly performance showed remarkable improvement across all major financial parameters:

Nine-Month Performance Analysis

The company's year-to-date performance for the nine months ended December 31, 2025, showed sustained growth momentum:

Operational Metrics and Cost Structure

The company's operational efficiency improved during the quarter, with total expenses rising to ₹4,426.73 lakh from ₹1,994.11 lakh in Q3FY25. Key expense components included:

• Purchase of stock-in-trade goods: ₹4,752.68 lakh
• Cost of material consumed: ₹21.43 lakh
• Finance costs: ₹67.40 lakh
• Employee benefits expense: ₹53.20 lakh
• Other expenses: ₹69.93 lakh

The company benefited from favorable inventory changes, with a positive impact of ₹542.48 lakh compared to an increase of ₹21.30 lakh in the previous year quarter.

Rights Issue Development

During Q3FY26, TUNI Textile Mills attempted to raise ₹42.32 crore through a rights issue of equity shares to existing shareholders. However, the rights issue was unsuccessful due to under-subscription and subsequently devolved. No equity shares were allotted under this issue. The company incurred expenses of ₹29.04 lakh related to the rights issue, which were charged to the profit and loss statement in accordance with applicable accounting standards.

Balance Sheet Position

The company maintained a stable capital structure with paid-up equity share capital of ₹1,306.31 lakh, consisting of shares with a face value of ₹1.00 each. Other equity increased to ₹188.03 lakh as of December 31, 2025, compared to ₹55.72 lakh in the previous year, reflecting the company's improved retained earnings position.

Regulatory Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on January 28, 2026. The results underwent limited review by statutory auditors K. K. Jhunjhunwala & Co., Chartered Accountants, in compliance with Regulation 33 of SEBI LODR Regulations, 2015. The financial statements were prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under the Companies Act, 2013.