Quint Digital Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve This is to inform you that a ....
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Quint Digital Ltd has scheduled a Rights Issue Committee meeting on May 29, 2026 to finalize terms of a proposed Rights Issue. The Board had previously approved raising up to Rs. 91 crore through partly paid-up Compulsorily Convertible Preference Shares along with detachable Warrants offered to existing equity shareholders. The committee will decide on key parameters including the issue price, entitlement ratio, record date, and timing. The Rights Issue is subject to in-principle approval from BSE Limited.
This Rights Issue, if executed, will dilute existing shareholders but provides capital for the company's growth or operational needs. The involvement of detachable warrants adds optionality for investors.