
Quint Digital Sets Record Date for Rights Issue
Quint Digital Ltd has announced August 25, 2026, as the record date for its proposed Rights Issue. The company's Rights Issue Committee approved the Letter of Offer, detailing the terms for issuing 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 and issue price of ₹100, with ₹50 payable on application and the balance within 60 months. Each warrant is priced at ₹10, with ₹5 payable on application and ₹5 upon conversion within 18 months. Eligible shareholders will receive 7 CCPS and 7 warrants for every 40 equity shares held.
Key Highlights
- Record date for Rights Issue set as August 25, 2026.
- Issue comprises CCPS and detachable warrants, totaling ₹9,087.55 Lakhs.
- Shareholders receive 7 CCPS and 7 warrants per 40 shares held.
- CCPS to convert into equity shares after 60 months.
- Warrants to convert into equity shares within 18 months.
Price Impact
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