Shareholding29 Oct 2026, 09:20 am
Raghav Bahl Sells 6.99% of Quint Digital via CCPS Acquisition
AI Summary
Raghav Bahl, a promoter of Quint Digital Ltd, has acquired Compulsorily Convertible Preference Shares (CCPS) amounting to 44,84,838 units, representing 6.99% of the total diluted share capital. This acquisition was made via open market on October 26, 2026. Following this transaction, his total holding in terms of shares carrying voting rights remains unchanged at 1,41,59,952 units (29.99%), while his total diluted holding is now 55.26%. The CCPS are non-participating and do not carry voting rights, thus not triggering an open offer obligation.
Key Highlights
- Raghav Bahl acquired 44,84,838 CCPS, representing 6.99% of diluted capital.
- Transaction was an open market acquisition of CCPS on October 26, 2026.
- Bahl's direct shareholding (voting rights) remains stable at 29.99%.
- Total diluted holding increased to 55.26% post-acquisition.
- Acquisition of CCPS does not trigger an open offer obligation.
Price Impact
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