
Board Meeting11 Jul 2026, 01:00 pm
Digicontent Ltd Board Approves Capital Increase & Warrant Issue
AI Summary
Digicontent Limited's Board of Directors met on July 11, 2026, approving a significant increase in authorized share capital from ₹13 Crores to ₹20 Crores. Additionally, the board sanctioned the issuance of 1,40,85,571 warrants via preferential issue to specified allottees, including The Hindustan Times Limited, Kiran Vyapar Limited, and others. These warrants carry the right to subscribe to equity shares at ₹26.41 each, for an aggregate consideration of up to ₹37.2 Crores. An Extra-Ordinary General Meeting (EGM) is scheduled for August 7, 2026, to seek shareholder approval for these proposals.
Key Highlights
- Authorized share capital increased from ₹13 Cr to ₹20 Cr.
- 1.4 Cr warrants to be issued via preferential issue.
- Aggregate consideration for warrants up to ₹37.2 Crores.
- EGM scheduled for August 7, 2026, for member approval.
- Proposed allottees include The Hindustan Times Limited.
Price Impact
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