Quint Digital Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/04/2025 ,inter alia, to consider and approve 1)the Audited Financial Results ....
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Quint Digital Ltd has informed the BSE that its Board of Directors will meet on April 30, 2025 to consider and approve the audited financial results (both standalone and consolidated) for the quarter and full financial year ended March 31, 2025. The Board will also consider an enabling resolution to raise up to Rs 250 crore through a Qualified Institutions Placement (QIP) of equity shares or equity-linked securities, potentially in multiple tranches. This fundraise is subject to shareholder and regulatory approvals. The trading window for insiders has been closed since April 1, 2025 and will reopen 48 hours after the audited results are declared.
The Q4/FY25 audited results could drive near-term stock movement. The proposed Rs 250 crore QIP, if approved and executed, would be a significant capital raise that may dilute existing shareholders depending on the issue price.