Small-Cap Multibagger Postpones Crucial Fund-Raising Meeting
Integrated Industries Ltd., the remarkable small-cap stock that has generated staggering returns of 51,800% over the past five years, has decided to postpone its crucial board meeting originally scheduled for Friday, November 28. The company announced that the meeting will now take place on Friday, December 5, 2025, according to an official exchange filing.
Fund-Raising Plans Take Center Stage
The postponed board meeting holds significant importance for investors as it was intended to review and potentially approve the company's ambitious fund-raising strategy. Integrated Industries plans to raise capital through issuing new equity shares or warrants convertible into equity shares using permissible methods including preferential allotment, all in compliance with SEBI regulations.
The company formally communicated this scheduling change while adhering to Section 29(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This move addresses what the company describes as a brief delay in implementing its proposed fund-raising initiative.
Trading Restrictions and Market Performance
In accordance with the Company's Code of Conduct for Prevention of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's securities will remain closed and will only reopen 48 hours after the declaration of the board meeting outcomes.
The announcement of the postponement coincided with Integrated Industries shares closing 3.24% lower at ₹25.96 on Friday. Despite this recent dip, the stock's long-term performance remains extraordinary. The scrip has skyrocketed from ₹0.05 on November 20, 2020, to its current level, representing that massive 51,800% return that has made it a legendary multibagger in investor circles.
Recent market data reveals some volatility in the stock's performance:
- The stock has declined by nearly 34% over the past year
- It has reached a 52-week high of ₹27.50
- The 52-week low stands at ₹25.88
- Current market capitalization is ₹604.45 crore
Integrated Industries, primarily engaged in manufacturing and trading food products including bakery items and processed foods, continues to be a closely watched stock despite recent corrections. The upcoming board meeting and its decisions regarding fund-raising are expected to significantly influence the company's future trajectory and investor sentiment.
