
Loan & Debt22 Jul 2026, 03:31 pm
Quint Digital Allots ₹50 Cr Unrated NCDs
AI Summary
Quint Digital Ltd has announced the allotment of 5,000 unrated, unlisted, secured, redeemable Non-Convertible Debentures (NCDs) with a face value of INR 1,00,000 each, aggregating to INR 50 Crore. The allotment was approved by the Board of Directors on July 22, 2026. These NCDs carry an interest rate of 13.77% per annum, payable quarterly, and have a maturity date of November 15, 2028. The NCDs are secured by a security interest over the Issuer's Hypothecated Assets and a corporate guarantee. This issuance is part of a larger approved limit of up to 10,000 NCDs amounting to INR 100 Crore.
Key Highlights
- Quint Digital allotted 5,000 NCDs worth ₹50 Crore.
- NCDs are unrated, unlisted, secured, and redeemable.
- Interest rate is 13.77% per annum, payable quarterly.
- Maturity date set for November 15, 2028.
- NCDs are secured by company assets and corporate guarantee.
Price Impact
More from QUINT