Nurture Well Industries Limited Allots 4.06 Crore Convertible Warrants at Rs. 28.25 Each
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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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.37% | -5.02% | +18.00% | +111.92% | +59.72% | +32,323.08% |































