Integra Essentia Limited has announced a rights issue of up to 68,75,92,710 fully paid-up equity shares at a price of ₹1.45 per share, aggregating to ₹99.70 crore. The issue is scheduled to open on May 29, 2026, and close on June 10, 2026, with the record date set for May 20, 2026. Eligible equity shareholders can subscribe to the issue in the ratio of 16 equity shares for every 250 fully paid-up equity shares held on the record date.

The rights issue comprises a face value of ₹1 and a premium of ₹0.45 per equity share. The payment schedule requires 100% of the amount to be paid on application. The company's board or a duly authorized committee retains the right to extend the issue period by up to 30 days from the issue opening date. The issue is being managed by Skyline Financial Services Private Limited as the registrar to the issue, with HDFC Bank Limited acting as the banker to the issue and refund bank, and CRISIL Ratings Limited serving as the monitoring agency.

Issue Details

Application and Allotment

Applications for the rights issue must be made through the ASBA (Applications Supported by Blocked Amount) process. Rights entitlements and the allotment of rights equity shares will be made only in dematerialized form. Eligible equity shareholders holding shares in physical form must provide their demat account details to the registrar at least two working days prior to the issue closing date. Rights entitlements will be credited to the demat accounts of eligible shareholders prior to the issue opening date, while those for physical shareholders or where details are unavailable will be credited to a suspense escrow account opened by the company.

Investors may renounce their rights entitlements either on-market through the stock exchange platform or off-market via depository participants. The on-market renunciation period is from May 29, 2026, to June 5, 2026. The existing equity shares of Integra Essentia Limited are listed on BSE and NSE, and the rights equity shares are proposed to be listed on these exchanges subject to necessary approvals. The company has received in-principle approvals from BSE and NSE dated February 25, 2026, and March 1, 2026, respectively.

Integra Essentia Limited has announced the outcome of its Board of Directors meeting held on Thursday, May 14, 2026. The board has approved the detailed terms and conditions for the proposed Rights Issue of fully paid-up equity shares, following the receipt of in-principle approvals from BSE Limited and National Stock Exchange of India Limited.

Rights Issue Terms

The board approved the issuance of up to 68,75,92,710 Rights Equity Shares for an aggregate amount not exceeding ₹9970 Lakhs. The Rights Equity Shares, with a face value of ₹1 each, will be issued at a price of ₹1.45 per share, which includes a premium of ₹0.45 per share. The entire issue price is payable at the time of application.

The Rights Entitlement Ratio is fixed at 161:250, meaning eligible shareholders will receive 161 fully paid-up equity shares for every 250 shares held as on the Record Date. The record date has been fixed as Wednesday, May 20, 2026, to determine the eligibility of shareholders entitled to receive the Rights Entitlements.

Issue Schedule and Entitlements

The Rights Issue period is scheduled to open on Friday, May 29, 2026, and close on Wednesday, June 10, 2026. The board reserves the right to extend the closing date, provided the total issue period does not exceed 30 days from the opening date. Shareholders holding equity shares as on the Record Date will be credited with Rights Entitlements (REs) in their demat accounts under ISIN INE418N20043 prior to the Issue Opening Date.

Eligible RE holders may apply for the Rights Equity Shares in full or in part, or renounce their REs through on-market or off-market renunciation. REs not subscribed to by the Issue Closing Date shall lapse, and no shares will be allotted against lapsed entitlements. The company has made necessary arrangements with NSDL and CDSL for the credit of REs.