Quint Digital Ltd Allots 25,500 Equity Shares Through ESOP Exercise
Quint Digital Ltd announced the allotment of 25,500 Equity Shares through the exercise of stock options under the QDL ESOP Plan 2020. The Board of Directors approved this allotment via circulation on Monday, April 6, 2026.The newly allotted shares, which have a face value of Rs. 10/- each, rank pari passu with the company's existing equity shares in all respects.
This transaction results in an increase in the paid-up capital of Quint Digital Ltd. Previously, the paid-up capital stood at Rs. 47,18,25,080, comprising 4,71,82,508 equity shares of Rs. 10/- each. Following the allotment, the paid-up capital increased to Rs. 47,20,80,080, now divided into 4,72,08,008 equity shares of Rs. 10/- each.
The company has already secured in-principle approval from BSE for listing and is currently proceeding with the application for final listing approval for these shares on the BSE.
Details of ESOP Plan and Allotment
The allotment is pursuant to the stock options exercised under the QDL ESOP Plan 2020. The QDL ESOP Plan 2020 covers an aggregate of 25,18,978 equity shares.The documentation details that the company received application monies for the allotment of 25,500 equity shares at an exercise price of Rs. 14.90/- per share, corresponding to options granted on January 29, 2021.
QDL ESOP Plan 2020 Grant History
The Nomination and Remuneration Committee granted the following equity shares under the plan:| S. No. | Grant Date | No. of Options granted | Exercise Price |
|---|---|---|---|
| 1 | January 29, 2021 | 6,45,000 Stock Options | Rs.14.90/- |
| 2 | June 13, 2022 | 9,40,000 stock options | Rs.66/- |
| 3 | March 21, 2023 | 1,10,000 stock options | Rs.107.19/- |
| 4 | May 9, 2023 | 1,10,000 stock options | Rs.108/- |
Earlier, eligible employees had exercised their vested stock options amounting to 2,31,700 equity shares.
Summary of Issued Capital After Allotment
The following table outlines the capital structure details following the recent allotment:| Detail | Value |
|---|---|
| Number of Shares Issued | 25,500 Equity Shares |
| Face Value Per Share | Rs. 10/- |
| Total Issued Shares After Issue | 4,72,08,008 Equity Shares |
| Total Issued Share Capital After Issue | Rs. 47,20,80,080 |
| Exercise Price Per Share (for this allotment) | Rs. 14.90/- |
The equity shares issued and allotted upon option exercise shall be in dematerialised form and will rank pari passu with existing equity shares, including dividend entitlement.
Stock Price Movement
Quint Digital Ltd settled at ₹35.91 on Monday, concluding the session down 1.72%. Throughout the day, shares fluctuated significantly, finding support near ₹33.31 before peaking at ₹37.00.Source:
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