Please find enclosed Press Release with respect to setting up the first Time Out Market in Delhi, India.
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Quint Digital Ltd (QDL) announced plans to launch India's first Time Out Market at Worldmark Aerocity, New Delhi, under a franchise agreement with UK-listed Time Out Group plc. The market will span around 24,500 sq ft and feature 11 kitchens, 2 full-service bars, a live performance stage, private events space, and seating for approximately 500 guests. It is expected to open in the second half of 2026. The move builds on QDL's multi-channel collaboration with Time Out Group announced in May 2025, which also includes the launch of timeout.com/india in mid-February 2026. QDL also holds an exclusive option to explore opening additional Time Out Markets in other Indian cities.
This expansion into a curated physical food and cultural destination diversifies QDL beyond its core digital media business and could create a new revenue stream through franchise operations, though execution and capex risks remain ahead of the second-half 2026 launch. The tie-up with a globally recognised brand may lift sentiment around QDL's growth story.