Stock Market News: THIS company shares gain nearly 9 percent even as market remains volatile, check full details here

The company plans to use ₹104.69 crore of this amount to meet working capital needs. The remaining ₹10 crore will be used for general corporate purposes.

Published date india.com Published: December 29, 2025 2:28 PM IST
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पेनी स्टॉक्स में पैसा लगाते समय इन बातों का रखें ध्यान

Shares of Integrated Industries Ltd., a small-cap company dealing in organic and inorganic food products, are seeing a 9% gain today. With a market cap of ₹755.33 crore, the company opened at ₹30 on the BSE today and has now reached an intraday high of ₹32.82. Last seen, the stock was trading at Rs 32.44, up by 8.71% or Rs 2.60. Meanwhile, the company may take several major decisions on January 3, 2026.

In another recent exchange filing, the company stated that its Extra-Ordinary General Meeting (EGM) will be held online at 1 p.m. on January 3, 2026. The meeting is expected to include several important proposals that may receive board approval, such as:

1. The company intends to issue a maximum of 40,600,000 fully convertible warrants. These warrants will be offered to both promoter and non-promoter investors. Each warrant has a face value of ₹28.25 and can be converted into one equity share. If all warrants are converted, the company could receive a total potential capital infusion of ₹114.69 crore.

The company plans to use ₹104.69 crore of this amount to meet working capital needs. The remaining ₹10 crore will be used for general corporate purposes. The warrants will be convertible into shares at any time within 18 months from the date of allotment.

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2. Another major proposal at the EGM is a name change. Integrated Industries Limited wants to rename itself Nurture Well Industries Limited. The company says this name better reflects its long-term strategy and identity.

According to the company’s official website, the company is currently engaged in the business of organic and inorganic food products, bakery items, and other processed foods. The company recently successfully acquired a working biscuit manufacturing plant located in Neemrana, Rajasthan.

The plant has an annual production capacity of 3,400 metric tons. The plant will be operated under the company’s 100% owned subsidiary, Nurture Well Foods Private Limited.

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