Quint Digital Rights Issue 2026: ₹90.88 crore plan

Company and context

Quint Digital Ltd is a digital media-tech company that operates AI-driven platforms for content creation and distribution, including The Quint and Youth Ki Awaaz. The company has moved to raise fresh funds through a rights issue, with its Rights Issue Committee approving the Letter of Offer. The fundraise is structured through partly paid-up compulsorily convertible preference shares and detachable warrants, rather than a plain equity rights issue. The company has also made related disclosures through filings, including a newspaper publication intimation under Regulation 30 of the LODR.

What the company is raising and how

Quint Digital Limited intends to raise up to ₹9,087.55 lakh, which is ₹90.88 crore, through a rights issue. The issue comprises up to 82,61,402 partly paid-up 10% Non-Cumulative Non-Participating Compulsorily Convertible Preference Shares (CCPS). Alongside the CCPS, the company plans to issue 82,61,402 detachable warrants, with one warrant attached to every CCPS. Each CCPS has a face value of ₹100 and is proposed to be issued at par, at an issue price of ₹100. Each detachable warrant is priced at ₹10.

Rights entitlement ratio and eligibility

The rights entitlement ratio is set at 7 CCPS and 7 detachable warrants for every 40 fully paid-up equity shares held as of the record date. The record date for determining eligible shareholders is August 25, 2026, and the record date is stated as being subject to regulatory confirmation in the provided details. This ratio means eligible shareholders will receive the right to apply for the offered securities in proportion to their existing holdings.

Issue dates, application money, and payment structure

The issue period is slated to open on September 2, 2026, and close on September 10, 2026. The total amount payable on application per rights security is ₹55, consisting of ₹50 towards each CCPS and ₹5 towards the accompanying warrant. The issue structure is described as “partly paid-up”, and the application money figures provided are specific to the amount payable at the time of application.

Key filing and approval trail

The Rights Issue Committee of the Board of Directors approved the Letter of Offer on August 19, 2026, according to the information provided. Quint Digital Media submitted its Letter of Offer to BSE Limited and issued an intimation dated August 21, 2026, confirming the submission of the document as approved by the committee. The disclosures also reference a BSE filing described as an announcement under Regulation 30 (LODR) related to newspaper publication for the rights issue.

Demat credit and renunciation window

The rights entitlements are stated to be credited in dematerialized form by August 26, 2026. Shareholders may renounce their entitlements on-market until September 7, 2026, as per the details provided. These dates matter for investors who intend to sell their entitlements rather than subscribe, or those who intend to purchase entitlements from the market.

Terms snapshot

The rights issue has been described consistently as aggregating to approximately ₹90.88 crore (₹9,087.55 lakh). The instrument mix is also consistently described as CCPS plus detachable warrants, with equal quantities proposed. However, some source snippets in the provided text also contain differing labels such as “rights issue of equity shares” and a separate entitlement ratio description elsewhere. The core economic terms repeatedly stated are the CCPS and warrant structure, the 7-for-40 entitlement, the record date, and the subscription window.

Timeline of the announced steps

The sequence in the disclosures shows the committee approval preceding the exchange submission. It also places the record date before the opening of the issue, which is typical for rights issues where eligibility is determined in advance. The renunciation window runs during the issue period, as stated, allowing eligible shareholders to transfer entitlements on-market within the defined timeline.

Market impact and what investors track next

For investors, the key variables in this rights issue are the entitlement ratio, the application money required, and the dates governing eligibility and renunciation. The structure combines CCPS and warrants, and the filing notes that the CCPS are partly paid-up with application money of ₹50 per CCPS and ₹5 per warrant at the time of application. The disclosures also underline the role of the Rights Issue Committee in approving the Letter of Offer, and the company’s submission of the offer document to the exchange. The next practical checkpoints, based on the stated schedule, are the record date, the demat credit timeline, and the subscription window between September 2 and September 10, 2026.

Conclusion

Quint Digital Ltd has outlined a rights issue of up to ₹90.88 crore through partly paid CCPS and detachable warrants, with August 25, 2026 as the record date and the issue scheduled for September 2-10, 2026. Investors will watch the demat credit of entitlements by August 26, 2026 and the on-market renunciation window available until September 7, 2026, as stated in the disclosures.