Quint Digital Ltd Announces Rights Issue of CCPS and Warrants

Quint Digital Limited has announced a Rights Issue of up to 82,61,402 Partly Paid-Up 10% Non-Cumulative Non-Participating Compulsorily Convertible Preference Shares (CCPS) with a face value of ₹100 each, issued at par. The issue is on a rights basis to eligible equity shareholders in the ratio of 7 CCPS for every 40 fully paid-up equity shares held as of the record date, August 25, 2026. Additionally, one partly paid-up detachable warrant will be issued with every CCPS. The aggregate issue size is up to ₹9,087.55 lakhs. The payment schedule for CCPS involves ₹50 on application and ₹50 through calls within 60 months. Warrants are priced at ₹10 each, with ₹5 on application and ₹5 upon conversion within 18 months. Fully paid CCPS will convert into equity shares within 60 months, and fully paid warrants will convert into equity shares within 18 months.