ALPHA TRIBE

Integrated Industries LtdImportant, 05-12-2025: Company Update

05-12-2025 | 03:50 pm

Integrated Industries Limited's board has approved key strategic moves. The company plans to issue up to 4.06 crore convertible warrants at INR 25 each, aggregating to INR 101.50 Crore, to promoter and non-promoter groups. Each warrant grants the right to one equity share, convertible within 18 months. Additionally, the board approved changing the company's name to "Nurture Well Industries Limited." Both proposals require shareholder approval at an upcoming Extra-Ordinary General Meeting. These actions aim to raise capital and refresh the company's brand identity, impacting its financial structure and market perception.

No comments yet. Be the first to comment!

All announcements from Integrated Industries Ltd