Quint Digital Media has submitted its Letter of Offer to BSE Limited for a proposed rights issue aggregating up to ₹9,087.55 Lakhs. The company issued the intimation on August 21, 2026, confirming the submission of the document duly approved by the Rights Issue Committee of the Board of Directors on August 19, 2026.

The Rights Issue Committee finalized the terms following in-principle approval from BSE Limited dated August 14, 2026. The issue comprises 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. Each CCPS carries a face value of ₹100 and is issued at par. One warrant is attached to every CCPS, priced at ₹10 each.

Key Terms of the Issue

The rights entitlement ratio is set at 7 CCPS along with 7 detachable warrants for every 40 fully paid-up equity shares held as on the record date. The record date for determining eligibility is August 25, 2026.

Payment Schedule

Investors must pay ₹55 per rights security on application. This includes ₹50 towards each CCPS and ₹5 towards the accompanying warrant. The balance payment terms are structured as follows:

• CCPS: The remaining ₹50 per CCPS is payable pursuant to one or more calls within 60 months from the date of allotment.
• Warrants: The remaining ₹5 per warrant is payable upon conversion within 18 months from the date of allotment.

Upon becoming fully paid-up, each CCPS will compulsorily convert into one equity share after 60 months from allotment. Similarly, each warrant will convert into one equity share upon receipt of full consideration.

Timeline and Listing

The rights entitlements will be credited in dematerialized form by August 26, 2026. Shareholders may renounce these entitlements on-market until September 7, 2026. The issue opens on September 2, 2026, and closes on September 10, 2026.

The Board reserves the right to extend the issue period by up to 30 days from the opening date. The company will apply to BSE for the listing of the rights securities and the resulting equity shares upon conversion, in compliance with SEBI Listing Regulations. The primary objective of the rights issue is to broaden the public shareholding base of the Company.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE641R01017/fe4c95c4-ef83-4a79-af94-11e9c5b76139.pdf

Quint Digital Limited shareholders have approved the re-appointment of Ms. Abha Kapoor as an Independent Director on the company's Board. The resolution was passed at the 41st Annual General Meeting (AGM) held on August 18, 2026, via video conferencing and other audio-visual means.

The re-appointment follows a recommendation by the Nomination and Remuneration Committee and the Board of Directors. Ms. Kapoor will serve a second consecutive term of five years, effective from December 31, 2026, up to December 30, 2031.

Governance Details

The proposal received the requisite majority vote from members, as confirmed by the report from Mr. Devesh Kumar Vasisht, Managing Partner of M/s DPV & Associates, LLP, who served as the scrutinizer for the meeting.

Ms. Kapoor brings experience in media and entertainment governance to the Board. She currently serves as an Independent Director at Quintype Technologies India Limited and previously founded K&J Search, a boutique executive search firm specializing in the media sector. She holds a Master in Management degree from NMIMS (Narsee Monjee Institute of Management Studies).

Director Profile

The company disclosed that Ms. Kapoor is not related to any other director of Quint Digital Limited and is not debarred from holding office by virtue of any SEBI order or other regulatory authority. The intimation was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.