Tuni Textile Mills: A Strong Surge in Corporate Momentum

Tuni Textile Mills Limited has entered a phase of significant corporate momentum with a zero-premium Rights Issue, a ₹10 Crore domestic order, and a substantial profitability increase due to GST rationalization. The company aims for ambitious growth, driven by improved tax structures and strategic financial moves.


Devdiscourse News Desk | Mumbai | Updated: 27-11-2025 12:55 IST | Created: 27-11-2025 12:55 IST
Tuni Textile Mills: A Strong Surge in Corporate Momentum
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In a strategic financial move, Mumbai-based Tuni Textile Mills Limited has offered a Rights Issue at zero premium to raise ₹42.32 Crores. The initiative is set to reward existing shareholders, pricing shares at their Face Value of ₹1.00. The Rights Issue opened on November 24, 2025, and aims to bolster various company operations, including loan repayment and factory renovation.

After an impressive Q2 FY26, Tuni Textile Mills reported a 283% increase in net profit. The jump is partly attributed to the Indian Government's recent GST rationalization, which reduced the tax rate from 12% to 5% on apparel priced below ₹2,500. This reform has invigorated the company's liquidity and operational demand.

On November 21, 2025, the company received a substantial ₹10 Crore order from Zee Fabric, further enhancing its business outlook. Riding on policy tailwinds and a revitalized balance sheet, Tuni Textile Mills targets ₹105 Crores in revenue for FY26 and plans to modernize its production facilities to meet rising demand.

(With inputs from agencies.)

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