Integra Essentia Rights Issue 2026: Key Dates, Price

Integra Essentia Limited has opened a rights issue aimed at raising about ₹99.70 crore, with the offer priced at ₹1.45 per equity share. The company has announced the key timeline, entitlement ratio, and process requirements, including mandatory use of ASBA and credit of rights entitlements in demat form.

The rights issue opens on May 29, 2026, and closes on June 10, 2026. The record date for determining eligible shareholders is May 20, 2026, and the last date to buy shares to be eligible is May 19, 2026. The company has also disclosed a deemed date of allotment of June 11, 2026.

Rights issue snapshot

Integra Essentia’s board has approved a rights issue to raise up to ₹99.70 crore (also described as “up to ₹100 crore” in the provided disclosures). The company proposes to issue up to 68,75,92,710 fully paid-up equity shares at ₹1.45 per share, with a face value of ₹1 per share.

This capital raise is structured as a rights offering to existing shareholders as of the record date. Eligible shareholders can apply for additional shares based on their entitlement ratio and may also renounce their rights entitlements (REs) during the specified window.

Key dates investors should track

The company has shared a detailed schedule around eligibility, subscription, and renunciation. These dates matter for both demat investors and shareholders holding shares in physical form who may need to submit demat account details.

Issue size and offer price

The rights issue size is stated as approximately ₹99.70 crore, created by the issuance of up to 68,75,92,710 equity shares at ₹1.45 per share. The offer price and the face value are explicitly stated in the disclosures.

Because this is a rights issue, the offer is made to eligible shareholders, and the subscription amount is blocked through the ASBA mechanism rather than being paid upfront to the company outside the banking system.

Entitlement ratio: what is stated and how to read it

The entitlement ratio is stated in the material as 161:250, described as 161 rights equity shares for every 250 equity shares held as on the record date.

Separately, the disclosures also include a line stating that shareholders can subscribe in the ratio of 16 equity shares for every 250 equity shares held on the record date. Both ratios are present in the provided text. Investors typically rely on the rights entitlement credited to their demat account for the exact eligible quantity and should refer to the company’s rights entitlement communication for their final entitlement.

Application process: ASBA is required

Applications for this rights issue must be made through the ASBA (Applications Supported by Blocked Amount) process. Under ASBA, the application money is blocked in the investor’s bank account, subject to allotment.

The disclosures also state that rights entitlements and allotment of rights equity shares will be made only in dematerialized form. This means investors must have a demat account to receive REs and the allotted shares.

Demat credit, suspense escrow, and how REs move

The company has stated that rights entitlements will be credited to the demat accounts of eligible shareholders prior to the issue opening date. Where the shareholder holds shares in physical form, or where demat details are not available, the rights entitlements will be credited to a suspense escrow account opened by the company.

This mechanism is intended to handle cases where the company cannot credit REs directly to an investor’s demat account due to missing details.

Renunciation: on-market and off-market options

Investors may renounce their rights entitlements either:

• On-market through the stock exchange platform, or
• Off-market via depository participants.

The on-market renunciation period is stated as May 29, 2026, to June 5, 2026. The text also separately lists June 5, 2026 under “Renunciation of Rights Entitlements.”

What physical shareholders need to do

Shareholders holding shares in physical form must provide their demat account details to the registrar at least two working days prior to the issue closing date, as stated in the disclosures.

This step is important because the company has clarified that entitlements and allotment will be made only in demat form, and missing demat details can result in entitlements being routed to the suspense escrow account.

Background: Integra Essentia’s earlier rights issue in 2024

The provided material also references a previous rights issue that is separate from the 2026 offer. That 2024 rights issue is described as:

• Rights issue size: ₹49.93 crore
• Issue price: ₹3.25 per share (including a premium of ₹2.25 per share)
• Entitlement ratio: 20:119
• Record date: June 1, 2024
• Subscription window: June 11, 2024 to June 25, 2024
• Shares issued/allotted as referenced: 15,36,24,538 fully paid-up equity shares

This historical reference provides context that the company has used rights issues earlier as a capital-raising route.

Market impact and what changes for shareholders

A rights issue increases the number of shares outstanding if shareholders subscribe and shares are allotted. For existing shareholders, the key operational impacts described in the disclosures are process-driven: eligibility is based on the record date, REs are credited in demat form, and applications must be made via ASBA.

The documented entitlement ratio and the trading or renunciation window also matter for investors who may choose not to subscribe and instead renounce their REs during the permitted period.

Conclusion and next milestone

Integra Essentia’s rights issue is open from May 29, 2026 to June 10, 2026, with the record date on May 20, 2026, and a deemed allotment date of June 11, 2026. The offer is priced at ₹1.45 per share and targets a raise of about ₹99.70 crore.

The next key step on the timeline, as disclosed, is the deemed date of allotment on June 11, 2026, after which eligible applicants can expect the post-allotment credit process to follow the stated demat-only framework.