Quint Digital Approves Rights Issue of CCPS and Warrants

Quint Digital Ltd has approved the terms for a Rights Issue of up to 82,61,402 Partly Paid-up 10% Non-Cumulative Non-Participating Compulsorily Convertible Preference Shares (CCPS) and an equal number of detachable warrants. The issue size is up to ₹9,087.55 Lakhs. Each CCPS has a face value of ₹100 and is issued at ₹100, with ₹50 payable on application and ₹50 later. Each warrant is issued at ₹10, with ₹5 payable on application and ₹5 later. The CCPS will convert into equity shares after 60 months, and warrants will convert after 18 months. The Record Date is August 25, 2026. Eligible shareholders will receive 7 CCPS with 7 warrants for every 40 equity shares held.