Digicontent Limited disclosed that its material unlisted wholly owned subsidiary, HT Digital Streams Limited (HTDS), has approved a proposal to buy back up to 29,26,820 fully paid-up equity shares.

The buyback price is set at ₹87.68 per equity share of face value ₹10 each. This transaction represents 25% of the total equity share capital of HTDS. The board approval was granted on September 28, 2026.

Buyback specifics

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The key parameters of the proposed buyback are outlined below:

Shareholding impact

The company clarified that this corporate action will not entail any change in the shareholding pattern of HTDS. The entity will continue to remain a wholly owned subsidiary of Digicontent Limited following the completion of the buyback process.

Digicontent Limited concluded its 9th Annual General Meeting on September 23, 2026, with members adopting the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026.

The meeting, conducted entirely through Video Conferencing and Other Audio-Visual Means in compliance with Ministry of Corporate Affairs circulars, commenced at 11:00 am and concluded at 11:31 am. A total of 85 members participated remotely. The agenda included the re-appointment of Sandeep Rao as a Director retiring by rotation and the re-appointment of Lloyd Mathias as an Independent Director.

Proceedings and attendance

The meeting was chaired by Sameer Singh, Director, who was elected to chair in the absence of Chairman Priyavrat Bhartia. Key managerial personnel present included Chief Executive Officer Puneet Jain, Group Chief Financial Officer Piyush Gupta, and Chief Financial Officer Ajay S. Nair. The statutory auditor, represented by Mohit Jain of S.R. Batliboi & Associates LLP, also attended.

The Company Secretary confirmed that the Annual Report, including Board’s Report and Financial Statements, had been circulated electronically to members. No qualifications or adverse remarks were noted in the Auditor’s Report or Secretarial Auditor’s Report.

Resolutions passed and voting details

Members transacted both ordinary and special business items through remote e-voting and venue voting. The resolutions focused on financial adoption and board composition. All three resolutions were passed with the requisite majority.

The scrutinizer, Dhawal Kant Singh, oversaw the voting process, which remained open for 15 minutes after the conclusion of discussions. Results were declared on September 23, 2026, and uploaded to the company website.

Voting pattern analysis

The voting results highlight a distinct divergence between promoter and public shareholder participation. Promoters and Promoter Group, holding 38,876,364 shares, voted unanimously in favour of all three resolutions, casting 38,876,359 votes each time. In contrast, Public Non-Institutional shareholders, holding 19,284,345 shares, recorded minimal participation, with only 112,749 votes polled across all items.

Notably, while promoters supported all resolutions, a small fraction of public non-institutional voters cast dissenting votes:

• Financial Statements (Item 1): 548 votes against.
• Sandeep Rao Re-appointment (Item 2): 765 votes against.
• Lloyd Mathias Re-appointment (Item 3): 686 votes against.

Public Institutional shareholders, holding 26,369 shares, did not cast any votes on any of the three items.