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| Issue Open | Jan 9, 2023 |
| Issue Close | Jan 24, 2023 |
| Issue Size (Shares) | 2.50 Crores |
| Issue Size (Amount) | ₹125.00 Crores |
| Issue Price | ₹50 per Share |
| Listing At | BSE |
Quint Digital Media Rights Issue 2022 Timetable
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | Jan 13, 2023 |
| Issue Opening Date | Jan 9, 2023 |
| Issue Closing Date | Jan 24, 2023 |
| Allotment Date | Jan 31, 2023 |
| Shares Credit Date | Feb 1, 2023 |
| Listing Date | Feb 3, 2023 |
Quint Digital Media Rights Issue 2022 price is set at ₹50 per Share. The Quint Digital Media Rights Issue 2022 opens on Jan 9, 2023, and closes on Jan 24, 2023, for the subscription.
The allotment of Quint Digital Media Rights Issue 2022 is expected to happen on or about Jan 31, 2023 as per the issue schedule.
Quint Digital Media Rights Issue 2022 listing date is Feb 3, 2023.
The credit of Quint Digital Media Rights Issue 2022 in Demat account is expected on or about Feb 1, 2023 as per the issue schedule.
The Company proposes to utilize the Net Proceeds towards funding the following Objects:
1. Towards exercise of the call option under the Quintype SHA.
2. Payment of the remaining purchase price to Mr. Raghav Bahl for acquisition of 100% shares and securities of QML in accordance with the QML SPA.
3. Payment of the remaining purchase price to RB Diversified for acquisition of 100% shares and securities of QML in accordance with the QML SPA.
4. Payment of the remaining purchase price to Mr. Raghav Bahl for acquisition of 47.92% stake in Spunklane Media in accordance with the Spunklane SPA.
5. Pre- payment / repayment of loans; and 6. General Corporate Purposes.
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