Quint Digital Limited has executed a Debenture Trust Deed with Catalyst Trusteeship Limited to facilitate the issuance of up to 10,000 Non-Convertible Debentures (NCDs) aggregating ₹100 crore. The issuance will be conducted on a private placement basis in one or more tranches, adhering to the provisions of the Companies Act, 2013, and other applicable laws.

The NCDs carry a face value of ₹1,00,000 each. The execution of the deed involves parties including Mr. Raghav Bahl, Ms. Ritu Kapur, and RB Diversified Private Limited. This move follows an earlier intimation dated May 22, 2026, regarding the company's proposal to raise funds through debt instruments.

Key Details of the Issuance

The company stated that detailed disclosures containing specified information, as required under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, will be provided to the stock exchanges at the time of allotment of the NCDs.

This intimation regarding the execution of the Debenture Trust Deed was submitted to BSE Limited on June 8, 2026. The information will also be available on the official website of quint digital media .

Quint Digital Media has entered into a binding franchise agreement with Time Out Group plc to develop and operate Time Out Market Delhi. The agreement marks the first franchise agreement for a Time Out Market globally and follows a three-year exclusive option granted to The Quint in May 2025 to explore opportunities in India. This strategic move allows Time Out Group to expand its portfolio through capital-light partnership models while generating revenue through contractual franchise fees and ongoing payments without contributing capital to the development.

Under the terms of the franchise agreement, Quint Digital Limited will develop, fund, and operate Time Out Market Delhi in accordance with Time Out's globally recognised Market concept and operating standards. Time Out Market Delhi will be located at 5 Worldmark, Aerocity, the new phase of the Worldmark development. The Market is currently anticipated to open in the second half of 2026 and is expected to comprise approximately 24,500 sq ft. It will feature 11 food and drink concepts alongside cultural programming and events designed to showcase the best of Delhi.

Time Out Market is described as the world's first editorially curated food and cultural market. The concept brings together a curated mix of the city's best chefs, restaurateurs, drinks concepts, and cultural experiences under one roof. Time Out's expert editors will work alongside the local team to ensure the Market reflects the best of Delhi's food, culture, and talent.

Global Portfolio and Expansion

The Delhi agreement represents a further step in Time Out Group's strategy to expand the Time Out Market portfolio through capital-light partnership models. The existing Market portfolio includes 13 open Markets globally, with additional locations currently under development.

Chris Ohlund, CEO of Time Out Group plc, highlighted the significance of the deal, stating it is a landmark moment for the brand. He noted that the agreement demonstrates the strength and flexibility of the Time Out Market model and creates an additional pathway for international expansion through a highly capital-efficient structure. The partnership with Quint Digital Limited is viewed as a collaboration with a trusted partner that shares the vision for bringing the best of Delhi's offerings together.