Integrated Industries Announces EGM on January 3; Proposes ₹114.69 Cr Preferential Issue and Name Change to Nurture Well Industries

Mumbai (Maharashtra) [India], December 12: Integrated Industries Limited (formerly Integrated Technologies Limited) has announced that it will convene its Extra-Ordinary General Meeting (EGM) on January 3, 2026, at 1:00 PM (IST) through Video Conferencing/Other Audio Visual Means (VC/OAVM), in accordance with applicable MCA and SEBI guidelines. The EGM notice has been sent electronically to all eligible shareholders whose names appeared in the Register of Members as of December 5, 2025.

Among the key proposals to be placed before shareholders is the Board-approved plan to raise up to ₹114.69 crore through the issue of 4,06,00,000 fully convertible warrants on a preferential basis to promoter and non-promoter entities. Each warrant, priced at ₹28.25, is convertible into one equity share within 18 months of allotment. The Company intends to utilize ₹104.69 crore of the proceeds to meet its working capital requirements, while ₹10 crore will be directed toward general corporate purposes. This infusion is expected to support Integrated Industries’ operational scale-up and upcoming growth initiatives.

The Company has also proposed a change in its corporate name from “Integrated Industries Limited” to “Nurture Well Industries Limited.” This strategic rebranding aims to better align the Company’s identity with its long-term vision and evolving business focus. Subject to shareholder approval, the change will be reflected in the Memorandum and Articles of Association and will require subsequent regulatory approvals.

The detailed EGM notice, including the explanatory statement and e-voting instructions, has been made available on the Company’s website, BSE’s website, and the NSDL portal. Shareholders can cast their votes remotely from December 31, 2025, to January 2, 2026, or through e-voting during the EGM.

Integrated Industries Limited is a diversified food-sector company offering a wide range of organic, inorganic, and processed food products, along with bakery goods. As part of its expansion strategy, the Company acquired a fully operational biscuit manufacturing plant in Neemrana, Rajasthan, in 2023 through its subsidiary, M/s Nurture Well Food Limited. This acquisition has significantly strengthened the Company’s production capabilities and expanded its market footprint within India’s rapidly growing packaged food and bakery segment.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)