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Phantom Digital Effects LimitedBoard Meeting, 08-07-2025: Outcome of Board Meeting

08-07-2025 | 06:05 pm

Phantom Digital Effects has announced a board meeting on July 11 to finalize the issue price for its planned Qualified Institutions Placement (QIP) of equity shares. The company has approved the preliminary placement document and set a floor price at Rs. 268.85 per share, with a potential discount of up to 5%. The QIP opens immediately, aiming to raise fresh equity capital. The trading window for insiders will remain closed from July 9 to 13 ahead of the issue. This move signals a fresh capital infusion to support Phantom’s growth ambitions.

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