Allotment of 1.41 crore warrants at INR 26.41 on preferential basis

Digicontent has allotted 1,40,85,571 warrants at INR 26.41 each on a preferential basis, for a total consideration of up to INR 37.20 crores. The company received INR 9.30 crores (25%) upfront from six allottees. Promoter Hindustan Times Limited, Kiran Vyapar Limited, and Tremis Consultancy LLP each got 35.97 lakh warrants (INR 9.50 crores each). Other allottees include Zapfin Teknologies, Peanence Commercial, and Zafar Ahmadullah. Each warrant is convertible to 1 equity share of INR 2 face value on payment of the remaining 75%.