Corporate Action3 Sept 2026, 08:42 pm
Digicontent Ltd Allots 1.4 Cr Warrants on Preferential Basis
AI Summary
Digicontent Ltd has approved the allotment of 1,40,85,571 warrants on a preferential basis at an issue price of INR 26.41 per warrant. The company has received INR 9,29,99,982.55, representing 25% of the total consideration payable. The warrants carry the right to subscribe to one equity share upon payment of the balance 75% consideration. Key allottees include The Hindustan Times Limited, Kiran Vyapar Limited, and Zapfin Teknologies Private Limited.
Key Highlights
- Allotment of 1.40 crore warrants on preferential basis.
- Issue price set at INR 26.41 per warrant.
- Company received 25% upfront payment of INR 9.30 Cr.
- Warrants convertible to equity shares upon full payment.
- The Hindustan Times Limited is among the allottees.
Price Impact
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