Quint Digital Announces First and Final Call on Partly Paid-up Warrants

Total collection target of Rs 4.13 crore; payment window scheduled for November 2026.

Reader Takeaway: Warrants trading suspends October 15; ensure timely payment to avoid potential forfeiture or penalties.

What just happened

Quint Digital Limited has approved the first and final call on its partly paid-up detachable warrants issued under the August 2026 Rights Issue. The company has set a call price of Rs 5 per warrant, affecting 82,61,401 warrants. This action aims to aggregate Rs 4,13,07,005 in capital for the company.

Why this matters

This call notice marks a critical phase for holders of the company’s partly paid-up warrants (ISIN: INE641R13020). Shareholders must prepare for the mandatory cash outflow to convert their holding, as the company has established a rigid window for payment. The suspension of trading in these warrants beginning October 15, 2026, effectively locks the investment until the payment process is resolved.

What changes now

Investors holding the partly paid-up warrants will be unable to trade them on the exchange once the suspension begins on October 15. The payment window is officially open between November 6, 2026, and November 20, 2026. The Rights Issue Committee holds the authority to extend this period, though investors are advised to prioritize the initial deadline to remain in good standing.

Risks to watch

Investors must monitor their holdings closely. Failure to pay the call money within the stipulated timeline could lead to the forfeiture of the paid-up capital already invested in the warrants. Standard procedural penalties may apply for non-payment, and investors should await the formal First and Final Call Notice for granular instructions on the payment mechanics.

What to track next

Watch for the formal dispatch of the First and Final Call Notice, which will contain the specific bank details and procedural guidelines for the payment. Investors should verify their records against the record date of October 15, 2026, to ensure eligibility and receipt of formal communications.