Nurture Well Industries Limited Allots 4.06 Crore Convertible Warrants at Rs. 28.25 Each

2 min read     Updated on 24 Feb 2026, 07:01 PM
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Reviewed by
Shriram SScanX News Team
Overview

Nurture Well Industries Limited completed the allotment of 4.06 crore convertible warrants at Rs. 28.25 per warrant on February 24, 2026, following proper regulatory approvals from shareholders and BSE Limited. The warrants were distributed among promoter group M.G Metalloy Private Limited (2 crore warrants) and three non-promoter entities totaling 2.06 crore warrants. These warrants are convertible into equity shares within 18 months, with 25% consideration already received and remaining 75% payable upon conversion.

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*this image is generated using AI for illustrative purposes only.

Nurture Well Industries Limited has successfully completed the allotment of 4.06 crore convertible warrants at Rs. 28.25 per warrant, following a board meeting held on February 24, 2026. The company, formerly known as Integrated Industries Limited, made this announcement in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Warrant Allotment Details

The board approved the allotment of 4,06,00,000 convertible warrants at a price of Rs. 28.25 per warrant, which includes a premium of Rs. 27.25. Each warrant is convertible into one equity share of face value Rs. 1.00, ranking pari-passu with existing equity shares of the company.

Parameter: Details
Total Warrants Allotted: 4,06,00,000
Price per Warrant: Rs. 28.25
Premium: Rs. 27.25
Face Value: Rs. 1.00
Conversion Period: 18 months from allotment date

Allottee Breakdown

The warrants were distributed among promoter and non-promoter entities as follows:

Sr. No.: Name of Allottee Warrants Allotted Category
1: M.G Metalloy Private Limited 2,00,00,000 Promoter Group
2: Choice Strategic Advisors LLP 1,00,00,000 Non-Promoter Group
3: Accufolio Risers LLP 1,00,00,000 Non-Promoter Group
4: Divyashri Ravichandran 6,00,000 Non-Promoter Group
Total: 4,06,00,000

Regulatory Approvals and Compliance

The allotment was executed following proper regulatory procedures. The company received shareholder approval in an Extra Ordinary General Meeting held on January 3, 2026. Subsequently, BSE Limited granted in-principle approval through letter no. LOD/PREF/TT/FIP/1672/2025-26 dated February 11, 2026.

The allotment complies with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and applicable amendments. As per regulatory requirements, 25% of the total consideration payable against each warrant has been received from the respective allottees.

Conversion Terms and Timeline

The convertible warrants provide allottees with the option to convert each warrant into one fully paid-up equity share of face value Rs. 1.00 within 18 months from the allotment date. Upon conversion, allottees must pay the remaining 75% of the issue price for each warrant. The company has confirmed that there will be no immediate change in the capital structure following this warrant allotment.

Board Meeting Information

The board meeting commenced at 6:00 PM and concluded at 6:30 PM on February 24, 2026. The meeting outcome has been uploaded on the company's website at www.integratedindustries.in for stakeholder reference.

Historical Stock Returns for Integrated Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-6.37%-5.02%+18.00%+111.92%+59.72%+32,323.08%
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Nurture Well Industries Q3FY26 Results Show 46% Revenue Growth with Strategic Expansion Plans

3 min read     Updated on 12 Feb 2026, 10:52 PM
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Reviewed by
Ashish TScanX News Team
Overview

Nurture Well Industries delivered outstanding Q3 FY26 performance with revenue growing 46% to ₹289.77 crore and net profit surging 95% to ₹34.60 crore. The company's nine-month revenue reached ₹826.48 crore, up 57% year-on-year. During the earnings call, management announced ambitious expansion plans including a new ₹400 crore manufacturing facility expected to commence operations in FY28-29, targeting ₹2,500 crore revenue by FY29 with improved EBITDA margins of 15%.

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Nurture Well Industries Limited has successfully submitted newspaper clippings of its Q3FY26 financial results to BSE Limited under Regulation 47, following the announcement of exceptional quarterly performance. The company, formerly known as Integrated Industries Limited, demonstrated remarkable growth across all key financial metrics for the quarter ended December 31, 2025.

Outstanding Q3 FY26 Financial Performance

The company delivered impressive consolidated results for the third quarter, showcasing significant momentum across revenue and profitability metrics:

Metric: Q3 FY26 Q3 FY25 YoY Change
Revenue from Operations: ₹289.77 crore ₹198.75 crore +45.80%
EBITDA: ₹33.19 crore ₹17.19 crore +93.80%
EBITDA Margin: 11.45% 8.65% +280 bps
Net Profit: ₹34.60 crore ₹17.74 crore +95.04%
Net Profit Margin: 10.72% 8.30% +242 bps
EPS (Diluted): ₹1.19 ₹0.58 +105.17%

Nine-Month FY26 Consolidated Performance

The strong quarterly performance contributed to exceptional nine-month results, maintaining consistent growth trajectory:

Parameter: 9M FY26 9M FY25 Growth
Revenue from Operations: ₹826.48 crore ₹525.49 crore +57.28%
EBITDA: ₹89.38 crore ₹46.39 crore +92.67%
EBITDA Margin: 10.81% 8.83% +198 bps
Net Profit: ₹92.32 crore ₹45.21 crore +104.20%
Net Profit Margin: 10.37% 8.35% +202 bps
EPS (Diluted): ₹3.15 ₹1.59 +98.11%

Management Guidance and Strategic Vision

During the earnings conference call held on February 13, 2026, Executive Director Sanidhya Garg and Group CFO Vikas Tandon outlined ambitious growth plans. The management provided comprehensive guidance for future expansion:

Strategic Targets: Details
FY26 Revenue Target: ₹1,150 crore (50% growth)
FY29 Revenue Target: ₹2,500 crore
Target EBITDA Margin: 15% (from current 10-11%)
Domestic Revenue Share: 50-60% by FY29
Current Capacity Utilization: 65-70% at Neemrana facility

Product Portfolio Expansion and Market Presence

The company has significantly expanded its product offerings during the quarter, introducing donuts in premium and mass segments, rusk, and khari biscuits. Management announced entry into the fresh bakery segment with kulcha and plans to launch bread and puff variants. Future product pipeline includes noodles, cornflakes, chocolates, and confectionery items.

Operational Highlights: Information
Manufacturing Capacity: 3,400 metric tons per month (Neemrana)
Distribution Partners: 150+ across North India
Brand Portfolio: RICHLITE, FUNTREAT, CRUNCHY KRAZE
Export Markets: 9+ countries (Africa & Middle East)
Super Stockists: 18 consolidators internationally

Capacity Expansion and Investment Plans

The company outlined substantial expansion plans during the conference call. A new manufacturing unit is under development with commercial operations expected to commence in FY28-29. The existing Neemrana facility will also receive capacity additions with 2-3 new production lines in FY27.

Expansion Details: Specifications
New Unit Investment: ₹400 crore (₹300 crore capex + ₹100 crore working capital)
Existing Plant Addition: ₹15-20 crore for new lines
Funding Strategy: Promoter contribution + internal accruals + equity raise
Timeline: Commercial production from FY28
Promoter Stake: Maintained at 54% post-expansion

Regulatory Compliance and Corporate Governance

Pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015, the company submitted newspaper clippings to BSE Limited on February 13, 2026. The financial results were published in Business Standard newspapers in both English and Hindi editions. The Board meeting was conducted on February 12, 2026, where directors approved the financial results with unmodified review from Prem Gupta & Co. Chartered Accountants.

The company continues to focus on expanding its product portfolio in food manufacturing and trading segments while maintaining strong regulatory compliance and transparency with stakeholders.

Historical Stock Returns for Integrated Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-6.37%-5.02%+18.00%+111.92%+59.72%+32,323.08%
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