Nurture Well Industries Limited has received ₹28.67 crore from its preferential issue of convertible warrants as of June 30, 2026, marking a 25% realization of the total ₹114.69 crore raised. The company disclosed this progress in its second Monitoring Agency Report submitted to the Bombay Stock Exchange on July 27, 2026. The funds are being deployed towards working capital requirements for subsidiaries and general corporate purposes, with no deviations from the stated objects observed by the monitoring agency.

The report was prepared by Brickwork Ratings India Private Limited pursuant to Regulation 162A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. It covers the quarter ended June 30, 2026, following an engagement letter dated December 19, 2025. The monitoring agency verified the utilization of proceeds based on bank statements, invoices, and certificates from Prem Gupta & Co., the chartered accountants who issued their certificate on July 23, 2026.

Issue Details and Fund Utilization

The preferential issue involved the allotment of 4,06,00,000 convertible warrants at a price of ₹28.25 per warrant. Each warrant is convertible into one equity share within 18 months from the date of allotment. As of the reporting date, no further funds were received during the quarter beyond the initial tranche.

The working capital component primarily supports debt funding for M/S Nurture Well Foods Limited and its step-down subsidiary, M/S Nurture Well LLC. The general corporate purpose funds were utilized to the extent of ₹5.18 crore, leaving ₹4.82 crore unutilized under this head.

Compliance and Monitoring

Brickwork Ratings confirmed that all government and statutory approvals related to the objects have been obtained. The monitoring agency noted no major deviations from earlier reports and stated that the means of finance for the disclosed objects have not changed. There were no unfavorable events affecting the viability of the objects during the quarter.

The implementation of the working capital requirement is ongoing, with completion expected within 24 months from the receipt of funds. No delays were reported in the implementation schedule. The unutilized proceeds of ₹86.02 crore remain with the company, with no deployment into other instruments reported for the quarter ended June 30, 2026.

integrated industries reported its audited financial results for the quarter and year ended March 31, 2026, following a board meeting on May 19, 2026. The company, formerly known as Integrated Industries Limited, disclosed its standalone and consolidated performance, which has been audited by statutory auditors.

Consolidated Performance

For the financial year ended March 31, 2026, the company reported a total income from operations of ₹1,026.38 crore. The net profit for the period after tax stood at ₹84.53 crore. In comparison, the previous year ended March 31, 2025, saw a total income of ₹765.78 crore and a net profit of ₹66.57 crore.

For the quarter ended March 31, 2026, the total income from operations was ₹199.90 crore. The company reported a net loss of ₹1.18 crore for the quarter after tax. Earnings per share (EPS) for the year ended March 31, 2026, was ₹3.40 on a basic basis and ₹3.39 on a diluted basis.

Standalone Performance

On a standalone basis, the total income from operations for the year ended March 31, 2026, was significantly lower at ₹0.39 crore. The net profit after tax for the year was ₹4.94 crore. For the quarter ended March 31, 2026, standalone income from operations was ₹0.10 crore, with a net profit of ₹1.17 crore.

The board noted that the company's industry classification changed to "Holding company" effective July 8, 2025, resulting in no reportable segments for the standalone results under Ind AS 108. However, the consolidated operations primarily comprise two business segments: trading of goods and manufacturing of food products.

Key Financial Metrics

The following table summarizes the key financial figures for the consolidated results:

The statutory auditors issued an unmodified audit report on the standalone and consolidated financial results. The company also informed that it had issued 4,06,00,000 share warrants convertible into equity shares at an issue price of ₹28.25 per share warrant on a preferential basis. As of March 31, 2026, 25% of the warrant issue price had been received from the allottees.