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Hot Pursuit - Detailed News

Quint Digital Limited plans to raise Rs 9,087.55 crore through a rights issue
20-Aug-26   00:16 Hrs IST
Quint Digital Limited intends to raise up to Rs 9,087.55 crore through a rights issue of up to 82,61,402 partly paid-up 10% Non-Cumulative Non-Participating Compulsorily Convertible Preference Shares (CCPS), each with a face value of Rs 100 and an issue price of Rs 100, alongside 82,61,402 detachable warrants, each priced at Rs 10. The rights issue will offer 7 CCPS and 7 warrants for every 40 fully paid-up equity shares held as of the record date of August 25, 2026, with the record date subject to regulatory confirmation. The company’s Rights Issue Committee approved the Letter of Offer, and the issue period is slated to open on September 2, 2026, and close on September 10, 2026, with the total amount payable per rights security being Rs 55, comprising Rs 50 for each CCPS and Rs 5 for each warrant.
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