Integrated Industries Schedules EGM for ₹114.69 Crore Warrant Issue and Name Change

Integrated Industries Limited , formerly known as Integrated Technologies Limited, has officially announced an Extra-Ordinary General Meeting (EGM) scheduled for January 3, 2026, to seek shareholder approval for a convertible warrant issue and proposed name change. The company has issued a comprehensive notice detailing the proceedings and regulatory compliance requirements.

EGM Details and Proceedings

The company has scheduled its EGM with specific operational parameters to ensure regulatory compliance and shareholder participation:

Parameter:	Details
Meeting Date:	January 3, 2026
Meeting Time:	01:00 PM (IST)
Meeting Mode:	Video Conferencing (VC) / Other Audio Visual Means
Cut-off Date:	December 27, 2025
Remote E-voting Period:	December 31, 2025 (9:00 AM) to January 2, 2026 (5:00 PM)

Convertible Warrant Issue Proposal

The primary agenda involves the issuance of convertible warrants with detailed terms and conditions. The Board of Directors approved this proposal on December 5, 2025:

Aspect:	Details
Number of Warrants:	Up to 4,06,00,000
Issue Price per Warrant:	₹28.25
Premium per Warrant:	₹27.25
Total Fund Raise:	₹114.69 crore
Face Value:	₹1.00 per equity share
Conversion Ratio:	1 warrant : 1 equity share
Conversion Period:	18 months from allotment date

Proposed Allottees and Distribution

The warrant allocation includes both promoter and non-promoter categories with specific distribution details:

Allottee:	Category	Warrants Allocated	Post-Issue Holding (%)
M.G Metalloy Private Limited:	Promoter Group	3,90,00,000	14.28
Choice Strategic Advisors LLP:	Non-Promoter	1,00,00,000	3.66
Accufolio Risery LLP:	Non-Promoter	1,00,00,000	3.65
Divyashri Ravichandran:	Non-Promoter	60,000	0.22

Name Change Proposal

The company has also proposed changing its corporate identity to align with group branding strategy:

Current Name:	Proposed Name
Integrated Industries Limited:	Nurture Well Industries Limited
Name Availability:	Confirmed by ROC on November 28, 2025
Strategic Rationale:	Brand alignment with subsidiary entities

Regulatory Compliance and Pricing

The warrant pricing has been determined in accordance with SEBI ICDR Regulations, ensuring regulatory compliance:

Pricing Parameter:	Value
Minimum Price (SEBI Calculation):	₹28.00
Fair Value (Independent Valuer):	₹24.71
Final Issue Price:	₹28.25
Relevant Date:	December 4, 2025
Upfront Payment (25%):	₹7.06 per warrant
Balance Payment (75%):	₹21.19 per warrant

Fund Utilization and Monitoring

The company has outlined specific purposes for the raised funds with appropriate monitoring mechanisms:

Purpose:	Amount (₹ Crore)	Timeline
Working Capital Requirements:	104.69	Up to 1 year
General Corporate Purposes:	10.00	As decided by Board
Monitoring Agency:	SEBI registered external credit rating agency	Required for funds >₹100 crore

The company has appointed Ms. Loveleen Gupta, a Practicing Company Secretary, as the scrutinizer to oversee the voting process. The EGM notice has been sent electronically to all eligible shareholders, and the company has ensured compliance with Ministry of Corporate Affairs circulars regarding virtual meetings.

Shareholders whose names appear in the register of members as of the cut-off date will be entitled to participate in the voting process. The company has also provided detailed instructions for remote e-voting and virtual meeting participation to ensure maximum shareholder engagement.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+7.98%	+8.27%	+16.23%	+41.56%	+25.52%	+45,928.57%

Integrated Industries , formerly known as Integrated Technologies Limited, has taken a significant financial step by issuing a corporate guarantee of Rs 25.00 crores to Union Bank of India. This guarantee serves as security for a loan facility availed by its material subsidiary, Nurture Well Foods Limited (NWFL).

Key Details of the Corporate Guarantee

Aspect	Details
Guarantor	Integrated Industries Limited
Beneficiary	Union Bank of India (Lender)
Amount	Rs 25.00 crores
Purpose	Security for loan facility to Nurture Well Foods Limited
Impact on Guarantor	Contingent liability
Immediate Operational Impact	None reported

Transaction Insights

The company has confirmed that this transaction was conducted at arm's length, with no interest from the promoter, promoter group, or group companies. This assertion underscores the company's commitment to maintaining transparent and fair business practices.

Financial Implications

While there is no immediate impact on Integrated Industries' operations, the guarantee does create a contingent liability for the company. This liability would only materialize if NWFL fails to meet its repayment obligations to Union Bank of India.

Regulatory Compliance

In line with regulatory requirements, Integrated Industries has duly informed the BSE Limited about this corporate action. This disclosure was made under Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Conclusion

This corporate guarantee represents a significant financial commitment by Integrated Industries to support its material subsidiary. While it doesn't affect day-to-day operations, it does highlight the interconnected nature of the company's business structure and its willingness to back its subsidiaries' financial endeavors. Stakeholders will likely monitor NWFL's performance and its ability to meet its loan obligations to avoid any potential impact on Integrated Industries.