ALPHA TRIBE

Quint Digital LtdImportant, 19-08-2026: Company Update

19-08-2026 | 10:29 pm

Quint Digital's Rights Issue Committee has approved the Letter of Offer for its proposed Rights Issue. The company plans to issue up to 82,61,402 Partly Paid-up 10% Compulsorily Convertible Preference Shares (CCPS) at ₹100 each. Additionally, 82,61,402 detachable Warrants will be issued at ₹10 each. The total issue size is up to ₹90.88 Cr. Eligible shareholders will receive 7 CCPS and 7 Warrants for every 40 fully paid-up Equity Shares held on the Record Date, which is August 25. An application amount of ₹55 per Rights Security is required. The Issue is scheduled to open on September 2 and close on September 10. This capital raise aims to strengthen the company's financial position.

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