Rights Issue22 May 2026, 11:11 pm
Quint Digital to Consider ₹91 Cr Rights Issue Terms on May 29
AI Summary
Quint Digital Ltd's board committee will meet on May 29, 2026, to discuss and decide on the terms of its rights issue. This includes determining the rights issue price, payment mechanism, entitlement ratio, record date, and timing. The rights issue, approved on May 22, 2026, aims to raise up to ₹91,00,00,000 through partly paid-up Compulsorily Convertible Preference Shares with detachable Warrants, subject to approvals and in-principle approval from BSE Limited.
Key Highlights
- Quint Digital to finalize terms for ₹91 Cr rights issue on May 29, 2026.
- Rights issue includes partly paid-up convertible preference shares and warrants.
- Terms include issue price, payment, ratio, record date, and timing.
- Rights issue is subject to regulatory and BSE approvals.
- Board approved the rights issue on May 22, 2026.
Price Impact
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