Quint Digital promoters acquire 2.09% stake in open market
- Promoter group acquired 9,88,842 shares in open market
- Holding rises to 64.66% of total voting capital
- RB Diversified Private Limited led the acquisition
- Encumbered shares remain at 35.57% of voting capital

*this image is generated using AI for illustrative purposes only.
Quint Digital Media Limited promoter group has increased its shareholding by acquiring 9,88,842 equity shares in the open market. This acquisition represents a 2.09% increase in the company's total voting capital.
The disclosure was filed with BSE Limited and the company's compliance officer on September 28, 2026, under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction was executed by Raghav Bahl on behalf of the Promoters, Promoter Group, and Persons Acting in Concert (PAC).
Shareholding pattern shifts
Prior to this acquisition, the promoter group held 1,27,46,091 shares, accounting for 27.00% of the total voting capital. Following the purchase of 9,88,842 shares, the holding rose to 1,37,34,933 shares, or 29.09% of the voting capital.
When including shares under encumbrance, the total holding of the promoter group and PAC stands at 3,05,26,459 shares. This constitutes 64.66% of the total voting capital, up from 62.57% previously. On a diluted basis, assuming full conversion of outstanding securities, the holding is 47.58%, compared to 46.04% earlier.
| Metric | Before Acquisition | After Acquisition | Change |
|---|---|---|---|
| Shares Carrying Voting Rights | 1,27,46,091 | 1,37,34,933 | +9,88,842 |
| % of Total Voting Capital | 27.00% | 29.09% | +2.09% |
| Total Holding (incl. Encumbrance) | 2,95,37,617 | 3,05,26,459 | +9,88,842 |
| % of Total Voting Capital | 62.57% | 64.66% | +2.09% |
Entities involved in the acquisition
The acquisition was primarily driven by RB Diversified Private Limited, a member of the promoter group. The entity's holding increased from 38,98,340 shares (8.26%) to 48,87,182 shares (10.35%). Other key promoter entities, including Raghav Bahl personally, Ritu Kapur, and Mohan Lal Jain, maintained their existing holdings without change during this period.
The Persons Acting in Concert include several entities such as RB Software Private Limited, Keyman Trading Services Private Limited, RMS Diversified Private Limited, BK Diversified Private Limited, RB Solar Power Private Limited, and various family trusts.
What the numbers show
A significant divergence exists between the direct equity holding and the total economic interest when considering encumbrances. While the promoter group's unencumbered voting rights stand at 29.09%, a substantial portion of their total holding, specifically 1,67,91,526 shares representing 35.57% of the voting capital, remains under encumbrance. This indicates that while the group has strengthened its voting control through open market purchases, a large chunk of its pledged or encumbered assets remains static, suggesting no release of collateral during this period.
Historical Stock Returns for Quint Digital Media
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.99% | +14.47% | +83.66% | +87.70% | +87.70% | +87.70% |
Will the promoter group's push toward the 30% voting threshold trigger a mandatory open offer under SEBI takeover regulations?
How might the static 35.57% encumbrance level impact Quint Digital Media's ability to secure additional financing or reduce debt costs?
Does the consolidation of shares by RB Diversified Private Limited signal an upcoming strategic restructuring or asset injection into the company?
































