Loan & Debt22 May 2026, 11:01 pm
Quint Digital to Raise ₹100 Cr via NCDs on Private Placement
AI Summary
Quint Digital Ltd's board approved the issuance of up to 10,000 Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, aggregating up to ₹100 Crore, in one or more tranches on a private placement basis. The decision was made during a board meeting held on May 22, 2026. Details regarding the tenure, coupon/interest, security, and special rights will be decided and intimated at the time of allotment.
Key Highlights
- Quint Digital to issue up to 10,000 NCDs.
- The face value of each NCD is ₹1,00,000.
- The total amount to be raised is up to ₹100 Crore.
- The NCDs will be issued on a private placement basis.
- Details of the NCDs will be decided at the time of allotment.
Price Impact
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