Warrant Issue Background
The company had issued and allotted 82,61,401 Rights Securities (partly paid CCPS at ₹100.00 per CCPS along with partly paid detachable warrants at ₹10.00 per warrant) to eligible equity shareholders in the ratio of 7 CCPS for every 40 equity shares held. The warrants were allotted on September 11, 2026, with ₹5.00 received as application money per warrant.
First and Final Call Details
- Call Amount: ₹5.00 per partly paid-up warrant
- Payment Period: November 6, 2026 to November 20, 2026 (15 days, both inclusive)
- Record Date: October 15, 2026 for determining eligible warrant holders
- Total Warrants Outstanding: Calculation based on individual holdings as of record date
Payment Instructions
- Resident Warrant Holders: ICICI Bank Account No. 000405167682 - QDL WARRANTS CALL MONEY RESIDENT ACCOUNT
- Non-Resident Warrant Holders: ICICI Bank Account No. 000405167683 - QDL WARRANTS CALL MONEY NON RESIDENT ACCOUNT
- Payment Modes: Cheque/Demand Draft only (no cash accepted)
- Collection Centers: 45 ICICI Bank branches across India listed in the document
- Alternative Payment: For locations without ICICI branches, payment can be sent to Skyline Financial Services, New Delhi
Consequences of Non-Payment
- Interest @ 10% per annum payable for delay beyond November 20, 2026
- Complete forfeiture of partly paid-up warrants including ₹5.00 already paid
- No further calls will be made on these warrants
Conversion Process
Eligible holders who pay the first and final call will be allotted fully paid-up equity shares of face value ₹10 each under existing ISIN INE641R01017. The conversion process is expected to complete within two weeks from November 20, 2026, after which shares will be available for trading.
Trading Status
Trading in partly paid-up warrants (ISIN: INE641R13020) has been suspended on stock exchanges effective October 16, 2026 (closing hours of October 15, 2026).
Additional Requirements
- PAN card copy must be submitted with payment documents
- PAN must be linked with Aadhaar as per CBDT notification
- Payments must be made from holder's own bank account (no third-party payments)
- No partial payments accepted
Document Availability
The notice and related documents are available on company website www.quintdigital.in and RTA website www.skylinerta.com