STOCKWATCH
·
Computers Hardware & Equipments
Investment24 Feb 2026, 06:51 pm

Integrated Industries Ltd. Approves Allotment of 4,06,00,000 Convertible Warrants

AI Summary

Integrated Industries Ltd. has informed that its board of directors, in a meeting held on Tuesday, 24th February 2026, approved the allotment of 4,06,00,000 convertible warrants. The warrants, priced at Rs. 28.25 each, are convertible into equivalent numbers of equity shares of the company. The allotment is made to promoter and non-promoter entities, including NURTURE WELL INDUSTRIES LIMITED, M.G Metalloy Private Limited, Choice Strategic LLP, Accufolio Risers LLP, and an individual named Divyashri Ravichandran. The allottees have already paid 25% of the total consideration for each warrant, and they can exercise the option to convert and get allotted one equity share against each warrant within 18 months from the date of allotment upon payment of the remaining 75% of the issue price. The allotment of warrants will not result in any change in the company's current capital structure.

Key Highlights

  • Integrated Industries Ltd. approves allotment of 4,06,00,000 convertible warrants
  • Warrants priced at Rs. 28.25 each, convertible into equivalent numbers of equity shares
  • Allotment to promoter and non-promoter entities, including NURTURE WELL INDUSTRIES LIMITED, M.G Metalloy Private Limited, Choice Strategic LLP, Accufolio Risers LLP, and Divyashri Ravichandran
  • Allottees have already paid 25% of the total consideration for each warrant
  • Option to convert and get allotted one equity share against each warrant within 18 months from the date of allotment upon payment of the remaining 75% of the issue price
INTECH
Computers Hardware & Equipments
INTEGRATED TECHNOLOGIES LTD.

Price Impact