Quint Digital Limited has announced that its Board of Directors approved the issuance of secured, unlisted, redeemable non-convertible debentures (NCDs) to raise funds. The decision was taken during the board meeting held on May 22, 2026. The company plans to issue up to 10,000 NCDs, each with a face value of ₹1,00,000, aggregating to a total of ₹100 crore. The issuance will be conducted on a private placement basis in one or more tranches, in accordance with the applicable provisions of the Companies Act, 2013 and other relevant laws.

Issuance Details

The board specified that the NCDs will not be listed on any stock exchange. Key details regarding the tenor of the instrument, the coupon rate or interest offered, and the payment schedule are yet to be finalized. The company stated that these specifics, along with details of any charge or security created over the assets, will be intimated to the stock exchanges at the time of allotment.

Regulatory Disclosures

The intimation was submitted to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure regarding the specified information for the event was annexed as per the SEBI circular dated January 30, 2026. The company confirmed that there are no special rights, interests, or privileges attached to the instrument finalized yet, nor are there any existing delays in payments or defaults. The information will also be hosted on the company's website.

Quint Digital Limited has announced an amendment to its 'Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information'. The Board of Directors approved the revision during a meeting held on May 22, 2026. The decision aligns with Regulation 8(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

The amended code reinforces the company's commitment to managing its affairs in a fair and transparent manner while safeguarding the interests of all stakeholders. It establishes a framework to prohibit insider trading and strengthen the company's governance structure. Originally adopted on March 20, 2019, the code is subject to periodic review to ensure compliance with evolving legal requirements.

Key Provisions of the Amended Code

The updated policy mandates the prompt public disclosure of Unpublished Price Sensitive Information (UPSI) as soon as credible and concrete information becomes available. This ensures that information is made generally available to the public on a non-discriminatory basis. The company is also required to ensure uniform and universal dissemination of UPSI to prevent selective disclosure.

Compliance and Governance

The Compliance Officer has been designated as the Chief Investor Relations Officer, responsible for handling the dissemination of information to investors, analysts, and the media. The officer is also tasked with maintaining a Structured Digital Database (SDD) containing details of UPSI shared internally and externally. This database must include time-stamping and audit trails to ensure integrity.

During the trading window closure period, Directors, Officers, and employees are prohibited from interacting with the media, analysts, and investors. The code specifies that UPSI may only be disclosed to persons requiring it for legitimate purposes, performance of duties, or legal obligations. Any sharing of information intended to circumvent regulations is not considered a legitimate purpose.

The amended code is hosted on the company's corporate website. In the event of any inconsistency between the policy and applicable legal provisions, the law will prevail.