TT Limited, a well-known textile and garment company, has announced two key outcomes from its Board of Directors meeting held on 18th June 2025. The company has:

1. Approved a Rights Issue to raise funds amounting to ₹4,000 lakh, and

2. Appointed Mr. Rahul Maurya as the new Company Secretary and Compliance Officer.

The board meeting was conducted via video conferencing and lasted from 11:10 AM to 11:40 AM.

Rights Issue Details

The Board has approved a Rights Issue of fully paid-up equity shares to existing shareholders. The details are as follows:

The issue will allow eligible shareholders to apply for additional shares or renounce their rights entitlement in favour of others in the secondary market.

Rights Credit Arrangement

The company has confirmed that it has made necessary arrangements with NSDL and CDSL for crediting the Rights Entitlements (REs) in dematerialised form to the demat accounts of eligible shareholders by the issue opening date. The ISIN for REs is INE592B20016.

This initiative is in line with the SEBI Master Circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094, dated 21 June 2023.

Appointment of New Company Secretary

The Board has also approved the appointment of Mr. Rahul Maurya, an Associate Company Secretary (ACS 73819), as the Company Secretary and Compliance Officer of the company with effect from 18 June 2025. His appointment complies with:

• Section 203 of the Companies Act, 2023, and

• Regulation 6 of SEBI (LODR) Regulations, 2015.

Mr. Maurya has formally given his consent to assume the responsibilities of the role.

Earlier communications regarding the resignation of the previous Company Secretary have already been made to the stock exchanges.

Compliance and Next Steps

TT Limited has committed to filing a Letter of Offer with both the BSE and the NSE, detailing the terms and procedure of the Rights Issue, including treatment of fractional entitlements. The company has maintained transparency in line with:

• Regulation 30 of SEBI (LODR) Regulations, 2015, and

• All applicable provisions related to rights issues and corporate actions.

This Rights Issue presents existing shareholders with an opportunity to increase their holdings at a preferential price, while supporting the company in raising capital for future growth or operational needs.

About TT Limited

TT Limited (Scrip Code: 514142 on BSE and TTL on NSE) is a leading textile company involved in cotton yarn, fabric, and garment manufacturing, with operations across India. Known for its brand TT, the company has maintained a strong retail and export presence.

With this fundraising and new leadership in compliance, the company is positioning itself for the next phase of strategic growth and compliance excellence.

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