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Tuni Textile Eyes Capital Boost—Board to Weave Fundraising Strategy on July 3

Updated: June 30, 2025 10:55

Image Source: EquityBulls
Tuni Textile Mills Ltd is set to explore fresh fundraising avenues during its upcoming Board of Directors meeting on July 3, 2025, as the company looks to strengthen its financial fabric amid evolving market dynamics. The move signals a strategic pivot toward growth and operational resilience in the face of sectoral headwinds.
 
Key Highlights:
  • Board Agenda: The meeting will deliberate on various fundraising options, potentially including equity issuance, rights offerings, or convertible instruments, subject to regulatory and shareholder approvals.
  • Financial Snapshot: For FY25, Tuni Textile reported a 78% jump in net profit to ₹0.57 crore, up from ₹0.32 crore in FY24, despite a 34% YoY drop in revenue. The company’s operating profit margin improved, reflecting tighter cost controls.
  • Market Context: The textile sector has faced margin pressure due to raw material inflation and muted export demand, prompting smaller players like Tuni to seek capital buffers for modernization and working capital.
  • Stock Performance: Tuni’s shares have traded in the ₹1.30–₹2.23 range over the past year, with recent volumes indicating renewed investor interest ahead of the board meet.
  • Strategic Intent: Analysts believe the fundraising could support capacity expansion, product diversification, or debt reduction, aligning with the company’s longterm vision.
Investors and stakeholders will be watching closely as Tuni Textile threads its next financial chapter.
 
Sources: Economic Times, Business Standard, Trendlyne

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