StockWatch
·
Electronic Media
Rights Issue11 Sept 2026, 09:50 pm

Quint Digital Allots 82.6 Lakh CCPS and Warrants via Rights Issue

AI Summary

Quint Digital Ltd has approved the allotment of 82,61,401 Partly Paid-Up Compulsorily Convertible Preference Shares (CCPS) and 82,61,401 Partly Paid-Up Detachable Warrants following its Rights Issue. The CCPS were issued at ₹100 each, with ₹50 paid on application, and the Warrants at ₹10 each, with ₹5 paid on application. This corporate action adjusts the company's capital structure with new partly paid-up securities, with the balance payable on future calls.

Key Highlights

  • Allotment of 82,61,401 CCPS and 82,61,401 Warrants completed.
  • CCPS issued at ₹100 (₹50 paid), Warrants at ₹10 (₹5 paid).
  • Rights Issue aims to raise capital and adjust paid-up structure.
  • Balance amounts on CCPS and Warrants are payable on future calls.