Key Quantitative Figures
The Board of Directors has approved a rights issue for an aggregate consideration of up to ₹91,00,00,000 (Rupees Ninety-One Crore only).
Dates of Action
The Board meeting was held on Friday, May 22, 2026. The Rights Issue Committee meeting is scheduled for Friday, May 29, 2026.
Parties or Entities Involved
Quint Digital Limited is the issuer. BSE Limited is the stock exchange where the equity shares are listed and from which in-principle approval is required.
Purpose or Stated Rationale
The purpose is to offer, issue, and allot partly paid-up Compulsorily Convertible Preference Shares (CCPS) together with detachable warrants by way of a Rights Issue to eligible equity shareholders.
Matters for Committee Consideration
The Rights Issue Committee will consider, discuss, and decide on:
- Determination of the Rights Issue price
- Related payment mechanism
- Rights entitlement ratio
- Record date
- Timing of the Rights Issue
- Other related matters
Conditions and Approvals
The issuance is subject to receipt of approvals under applicable laws and in-principle approval from BSE Limited.
Additional Information
This intimation is also hosted on the company's website at www.quintdigital.in. The communication is signed by Tarun Belwal, Company Secretary and Compliance Officer (M. No: A39190).