MoneyWorks4Me

Quint Digital Media gets nod to raise Rs 250 crore via QIP

30 Sep 2023 Evaluate

Quint Digital Media has received approval for raising of capital by way of issuance of equity shares and/or equity linked securities by way of Qualified Institutions Placement (QIP) for an aggregate amount not exceeding Rs 250 crore in one or more tranches, subject to requisite approval including but not limited to regulatory approvals (if any). The Members of the Company at 38th Annual General Meeting (AGM) held on September 29, 2023 has considered and approved the same. 

Quint Digital Media is primarily engaged in the business of running websites through web, digital or mobile media and which may include various information including current affairs, lifestyle, entertainment etc.


Peers
Company Name CMP
Sagility 44.79
Knowledge RealtyTrt. 113.63
Prime Focus 334.70
Indegene 591.20
Syngene Internatl. 379.95
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