New Delhi, Dec. 6 -- Small-cap stock under Rs.50 Integrated Industries has announced a significant fundraise of Rs.101.5 crore through the issuance of 4.06 crore convertible warrants priced at Rs.25 each, marking a major capital infusion aimed at accelerating the company's expansion and strengthening the operational backbone of its subsidiaries.

The warrants will be issued on a preferential basis to both promoter and non-promoter entities. Upon full conversion, the exercise is expected to substantially enhance the company's financial capacity to scale its manufacturing footprint and optimise working capital.

Two notable investment firms - Choice Strategic Advisors LLP and Accufolio Risers LLP - have each committed Rs.25 crore or 1 crore...