DigiLogic Systems Limited has informed BSE Limited that it has received adjudication orders from the Registrar of Companies, Hyderabad imposing penalties for alleged defaults under Section 42 of the Companies Act, 2013. The orders were passed on April 22, 2026, under Section 454 of the Companies Act, 2013, following earlier show cause notices issued by the authority.

The company disclosed that it made three private placements during FY 2024-25 and had filed adjudication applications before the ROC, Hyderabad for certain procedural lapses in these placements. The adjudication orders have now imposed penalties on the company and its officers in default, specifically the Executive Directors.

Penalty Details

The total penalty imposed across the three orders amounts to Rs. 4.73 crores on the company, with equal amounts applicable to each of the officers in default.

Company Response and Impact

DigiLogic Systems Limited has reviewed the adjudication orders and announced its decision to file an appeal before the Regional Director to challenge the orders. As of April 23, 2026, the company stated there is no immediate financial impact considering the pending appeal. Furthermore, the company confirmed there is no material impact on operations or other activities of the listed entity.

The disclosure was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Kameswara Rao Vempati, Company Secretary and Compliance Officer.

Digilogic Systems conducted the Bhoomi Pooja ceremony on April 12, 2026, marking the official groundbreaking for its ambitious Project Udaan manufacturing facility in Hyderabad. The traditional ceremony was attended by the company's senior leadership team, signaling the formal commencement of construction work on the advanced manufacturing plant.

Project Investment and Ceremony Details

The manufacturing plant project specifications and ceremony details are outlined below:

Strategic Manufacturing Initiative

Project Udaan, meaning "flight" in Sanskrit, represents Digilogic Systems' strategic push into large-scale manufacturing capabilities. The facility is being developed as part of the company's IPO objectives and aligns with India's vision of becoming a global manufacturing hub. Managing Director Madhusudhan Vaama emphasized that the facility demonstrates the company's confidence in India's Electronic Systems manufacturing potential.

Employment and Economic Impact

The establishment of this advanced manufacturing facility is expected to generate significant direct and indirect employment opportunities in the Hyderabad region. The project will also strengthen the local supply chain ecosystem, contributing to the area's industrial development. Upon completion, the facility will serve as the backbone of Digilogic Systems' manufacturing operations.

Company Background and Focus

Digilogic Systems specializes in design, development, integration, manufacturing, supply and support of Automated Test Equipment systems, Radar and Electronic Warfare environmental simulators, application software, and embedded signal processing solutions for the defence and aerospace engineering sector. The new facility will enable faster turnaround times, enhanced quality control, and improved scalability for the company's diverse clientele.