Tuni Textile Mills Rights Issue 2026: Dates, Ratio, Price

What Tuni Textile Mills has announced

Tuni Textile Mills Limited has announced a rights issue to raise funds by issuing new equity shares to existing shareholders. The company has fixed the issue price at Re 1 per equity share, with the face value also at Re 1 per share. The rights entitlement ratio has been disclosed as 15 Rights Equity Shares for every 4 fully paid-up equity shares held on the record date. The rights issue is positioned as a fully paid-up issue, with payment described as fully payable at the time of application. The company’s Rights Issue Committee approved key modalities on September 9, 2026, after the Board’s initial approval in March 2026. A Letter of Offer was also approved for filing with BSE, as stated in the provided information.

Record date, ex-date, and last date to buy for eligibility

Eligibility for Rights Entitlements (REs) has been linked to holding shares as of the record date, September 16, 2026. The “last date to buy shares” to be eligible is listed as September 15, 2026. The ex-date is also stated as September 16, 2026. Taken together, these dates indicate that investors needed to purchase on or before September 15, 2026 to be on the register for the record date. The rights ratio is explicitly tied to holdings as of this record date. The material also reiterates that eligible shareholders will receive REs based on their holdings as of September 16, 2026.

Issue size, number of shares, and stated fundraise

The rights issue involves 48,98,66,250 fully paid-up equity shares. Multiple parts of the provided text state the aggregate issue size as about ₹48.99 crore, consistent with an issue price of Re 1 per share for 48.99 crore shares. Separately, one portion of the text describes the company as “launching a rights issue … to raise ₹489.87 crore,” which conflicts with the Re 1 pricing and the stated number of shares. Another line references “Rs 4,232.44 lakhs,” which equals ₹42.3244 crore, but this appears in the context of a different record date (November 15, 2025) and a different entitlement ratio (81:25). Given these inconsistencies in the supplied material, the clearly repeated 2026 terms in the same text block are the September 16, 2026 record date, 15:4 ratio, Re 1 price, and 48,98,66,250 shares aggregating to about ₹48.99 crore.

Issue opening, closing, allotment, and listing schedule

The rights issue opening date is stated as September 28, 2026, with the closing date stated as October 26, 2026. The finalisation of allotment is listed as October 27, 2026. The listing date is stated as October 29, 2026. One table in the provided text also shows the closing date as “October 16, 2026,” creating a second date conflict. Elsewhere, the narrative repeatedly states the issue will close on Monday, October 26, 2026. The issue schedule therefore contains two different closing dates in the provided data, but October 26, 2026 is the most consistently repeated.

RE trading and renunciation window

The on-market renunciation period is stated to run from Monday, September 28, 2026 to Tuesday, October 20, 2026. The RE trading period is also shown as September 28, 2026 to October 20, 2026. The RE symbol is listed as TUNITEX-RE. This renunciation window is relevant for shareholders who may wish to renounce their rights through the market mechanism during the specified period. The dates provided align with the opening of the issue and end before the final subscription close.

Pre-issue capital and post-issue share count reference

Pre-issue capital is stated as ₹13.0631 crore (shown as ₹1,306.31 lakhs) corresponding to 13,06,31,000 shares. Another statement in the provided material says full subscription would take shares outstanding from 13.06 crore to 62.05 crore. This aligns directionally with the addition of about 48.99 crore shares, but the article text presents these figures as an assumption “assuming full subscription.” Investors typically use these numbers to understand potential dilution and the expanded equity base after completion, subject to the final subscription outcome.

How shareholders can apply: ASBA, R-WAP, and offline routes

The application routes listed include net banking via the ASBA process, subject to bank support. The registrar’s website route through the R-WAP facility is also mentioned. An offline route is described via submission of the application form to the nearest branch of an SCSB (Self-Certified Syndicate Bank). The text also notes that the last day to apply is September 16, 2026 in one place, which conflicts with the issue closing date of October 26, 2026 stated elsewhere. Given these inconsistencies, applicants would typically rely on the issue schedule section and the Letter of Offer timeline referenced as being filed.

Key facts at a glance

Market context and what investors typically track

The issue price is stated at Re 1 per share, and one table notes a market price of ₹0.98 per share at the time of rights issue approval. With the entitlement ratio at 15:4, eligible shareholders receive REs in that proportion based on holdings as of the record date. The presence of an on-market renunciation period and an RE symbol indicates REs are expected to be tradable during the specified window. Investors generally track the record date, ex-date, and the last date to buy to ensure eligibility, and then follow RE trading dates for renunciation decisions. They also track allotment and listing dates for when the new shares may begin trading post-issue. The pre-issue capital and the stated post-issue share count assumption provide a framework for understanding how the equity base could expand if the issue is fully subscribed.

What to watch next

The provided material states the Letter of Offer has been approved for filing with BSE. The schedule also lists finalisation of allotment on October 27, 2026 and a listing date of October 29, 2026. Because the supplied information includes conflicting figures and dates in a few places, investors typically cross-check the final issue closing date and application deadlines against the official offer documents and exchange filings referenced in the text. The key dates that repeat most often in the provided details are the record date of September 16, 2026, the issue period of September 28 to October 26, 2026, and the RE trading window ending October 20, 2026.