Quint Digital gets ISIN INE641R20025 for ₹908.8 lakh rights issue

2 min read     Updated on 19 Aug 2026, 11:08 PM
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Shriram SScanX News Team
AI Summary

Quint Digital Media Limited secured ISIN INE641R20025 for its ₹9,087.55 lakh rights issue of CCPS and warrants. The entitlements will be credited by August 26, 2026, ahead of the September 2 opening date. The issue follows board finalization on August 19, 2026.

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quint digital media has obtained ISIN: INE641R20025 for the purpose of crediting rights entitlements in its proposed rights issue aggregating up to ₹9,087.55 Lakhs. The company issued the intimation on August 19, 2026, to BSE Limited, confirming the identifier required for the credit of entitlements in accordance with Regulation 77A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The Rights Issue Committee of the Board of Directors finalized the terms on August 19, 2026, 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.

Instrument Quantity Price per Unit Total Value Component
CCPS 82,61,402 ₹100 Part of ₹9,087.55 Lakhs
Warrants 82,61,402 ₹10 Part of ₹9,087.55 Lakhs

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.

Historical Stock Returns for Quint Digital Media

1 Day5 Days1 Month6 Months1 Year5 Years
-3.16%-5.88%-7.47%-15.27%-15.27%-15.27%

How will the dilution from converting 82.6 lakh CCPS and warrants into equity shares impact existing shareholders' earnings per share (EPS) over the next 60 months?

What specific strategic initiatives or debt reduction plans is Quint Digital Media prioritizing with the ₹90.87 crore raised through this rights issue?

Given the 60-month conversion horizon for CCPS, how might long-term interest rate fluctuations affect the valuation of these securities before they convert to equity?

Quint Digital re-appoints Abha Kapoor as independent director for five years

1 min read     Updated on 18 Aug 2026, 09:24 PM
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AI Summary

Quint Digital Limited shareholders approved the re-appointment of Ms. Abha Kapoor as an Independent Director for a five-year term ending in 2031. The decision was ratified at the AGM held on August 18, 2026, with no disclosed conflicts of interest or regulatory debarments.

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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

Particulars Details
Role Independent Director
Term Duration 5 years
Effective Date December 31, 2026
End Date December 30, 2031
Relationships Not related to any existing director
Debarment Status Not debarred by SEBI or other authorities

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.

Historical Stock Returns for Quint Digital Media

1 Day5 Days1 Month6 Months1 Year5 Years
-3.16%-5.88%-7.47%-15.27%-15.27%-15.27%

How might Ms. Kapoor's extensive background in media governance influence Quint Digital's strategic direction in the evolving digital content landscape?

What specific regulatory or compliance initiatives is the Board prioritizing for the upcoming five-year term under her leadership?

Given the competitive media sector, how does this re-appointment signal stability to investors regarding the company's long-term corporate governance framework?

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1 Year Returns:-15.27%