Integra Essentia Rights Issue 2026: Key Dates, Price

What the company has announced

Integra Essentia Ltd has announced a rights issue aimed at raising about ₹99.70 crore. The issue involves the offer of up to 68,75,92,710 equity shares with a face value of ₹1 each. The issue price is fixed at ₹1.45 per share, which includes a premium of ₹0.45 per share. The rights issue opens for subscription on May 29, 2026 and closes on June 10, 2026. The company has stated that it is coming out with its 4th rights issue since May 2022. Post allotment, the shares are proposed to be listed on both BSE and NSE.

Rights issue size and structure

The rights issue comprises 68.76 crore equity shares (as stated in the source text) aggregating to ₹99.70 crore. The company’s board approved the detailed terms for a rights issue of fully paid-up equity shares worth up to ₹100 crore, with the specific aggregate cited as ₹99.70 crore (also referenced as ₹9,970 lakh). The shares will be issued at a fixed price of ₹1.45 per equity share. The entire issue price is payable at the time of application, meaning there is no staggered payment schedule mentioned for this issue. The rights equity shares are offered to eligible shareholders based on the record date.

Key dates investors should track

Eligibility and participation in a rights issue depend heavily on the timetable. Integra Essentia has set May 20, 2026 as the record date to determine eligible shareholders. The last date to buy shares to be eligible is May 19, 2026. The issue opens on May 29, 2026 and closes on June 10, 2026, as per the stated schedule. The last date for renunciation of rights entitlements is June 5, 2026. A deemed date of allotment is provided as June 11, 2026.

Entitlement ratio and rights entitlements (REs)

The entitlement ratio for the issue is fixed at 161:250. This means eligible shareholders are offered 161 rights equity shares for every 250 fully paid-up equity shares held on the record date, May 20, 2026. The company has also disclosed that shareholders holding equity shares as on the record date will be credited with Rights Entitlements (REs) in their demat accounts prior to the issue opening date. The REs are credited under ISIN INE418N20043. Eligible RE holders may apply for the rights equity shares in full or in part. They may also renounce their REs through on-market or off-market renunciation within the specified window.

What happens to unused rights entitlements

The terms also clarify the consequence of inaction. REs not subscribed to by the issue closing date shall lapse. The company has stated that no shares will be allotted against lapsed entitlements. This makes the closing date operationally important for investors who intend to participate, and the renunciation deadline important for those who prefer to sell or transfer their entitlements rather than subscribe.

How to apply: ASBA and registrar route

The issue can be applied for through two routes stated in the provided information. The first is via net banking using ASBA (Application Supported by Blocked Amount). The second is via the registrar’s website using the R-WAP facility. These are the two methods explicitly listed for investors to submit their applications. Investors who intend to renounce their rights entitlements can use on-market or off-market renunciation, as stated in the terms.

Use of proceeds and issue expenses

Integra Essentia has disclosed the intended use of net proceeds. Out of the issue proceeds, ₹76.00 crore is to be used for working capital. Another ₹22.70 crore is earmarked for general corporate purposes. The company has also stated that it will spend ₹1.00 crore on the rights issue process. These numbers collectively align with the disclosed issue size of about ₹99.70 crore.

Issue management and registrar details

The rights issue is stated to be solely lead managed by the company itself. Skyline Financial Services Pvt. Ltd. is named as the registrar to the issue. These roles are relevant for investors tracking application processes, allotment updates, and post-issue credit of shares.

Share count impact if fully subscribed

The disclosure also points to the scale of equity issuance. If the rights issue is fully subscribed, the company’s outstanding shares are stated to increase from 106.76 crore to 175.52 crore. This provides a direct indication of the potential expansion in share capital implied by the offer size. For shareholders, this is a key detail when assessing how the larger equity base could change per-share metrics, independent of any change in business performance.

Context: earlier rights issue allotment referenced

The provided text also references a prior rights issue allotment. On July 1, 2024, the Board of Directors approved the issuance of 15,36,24,538 fully paid-up equity shares with a face value of ₹1 each at ₹3.25 per share, including a premium of ₹2.25 per share. The entitlement ratio for that issue is described as 20 rights shares for every 119 existing shares, with the record date stated as June 1, 2024. The allotment increased the company’s paid-up capital to ₹10.6769 crore (₹106,76,90,544). A potential capital raise of ₹49.93 crore is also stated in connection with that issue.

Summary table of disclosed facts

Conclusion

Integra Essentia’s rights issue is scheduled between May 29 and June 10, 2026, with eligibility based on the May 20 record date and a fixed issue price of ₹1.45 per share. The company has disclosed that the bulk of proceeds are intended for working capital, with a smaller portion for general corporate purposes and a stated process cost of ₹1.00 crore. Investors who are eligible can apply through ASBA or the registrar’s R-WAP facility, or renounce entitlements by June 5, 2026, as per the timetable provided.