Integrated Industries Corrects Preferential Issue Details

Integrated Industries, a small-cap company, recently corrected some numbers in their announcement about a special stock offering.

They said the price per share and the extra amount they were charging were wrong because of a typing mistake.

The correct price is ₹28.25 per share with an extra ₹27.25, making the total amount they will raise about ₹114.69 crore.

The company's stock has done really well in the past five years, giving investors over 63,500% in returns.

Recently, their stock price closed at ₹31.81, which is higher than before.

They also told everyone that this mistake was just a clerical error and nothing else has changed.