Quint Digital Ltd — Important, 21-08-2026: Company Update
21-08-2026 | 12:55 pm
21-08-2026 | 12:55 pm
Quint Digital Limited announced a Rights Issue of up to 82.61 lakh Compulsorily Convertible Preference Shares (CCPS) at ₹100 each and 82.61 lakh detachable Warrants at ₹10 each. The total issue aims to raise approximately ₹90.88 Cr. Proceeds will fund debt repayment, including ₹40.50 Cr for an unsecured loan from a promoter group company and ₹18.00 Cr for a secured loan from 360 One Prime. The remaining ₹30.86 Cr is for unidentified acquisitions and general corporate needs. Promoters indicated they may not fully subscribe, intending to broaden public shareholding, which implies potential dilution for non-participating investors. #QDL #RightsIssue #CapitalRaise
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