Digilogic systems has received show cause notices from the Registrar of Companies (ROC), Telangana regarding procedural lapses in private placements conducted during FY 2024-25. The company disclosed this development to BSE Limited on March 28, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Action Details

The ROC Telangana issued show cause notices for e-adjudication under Section 42(10) of the Companies Act, 2013. The company received these notices on March 27, 2026, following its earlier voluntary disclosure of procedural issues.

Proactive Compliance Measures

Digilogic Systems had voluntarily filed Adjudication Applications (GNL-1) on December 30, 2025, before the ROC Telangana. This proactive step was taken after the company's internal review identified certain procedural lapses in three private placements made during FY 2024-25. The company filed these applications before submitting its Red Herring Prospectus (RHP) and disclosed this matter as a risk factor in the RHP.

Financial Impact Assessment

The show cause notices carry significant financial implications for the company and its leadership:

Operational Impact

According to the company's disclosure, there is no material impact expected on operations or other activities. The company plans to file its reply and represent its case during the adjudication process. While the potential penalties are substantial, the final financial impact remains to be quantified based on the outcome of the adjudication proceedings.

Next Steps

The company will respond to the show cause notices and participate in the adjudication process before the ROC Telangana. The disclosure was signed by Managing Director Madhusudhan Varma Jetty and submitted to maintain transparency with stakeholders regarding this regulatory matter.

Digilogic systems Limited has formally notified BSE Limited about an upcoming virtual investor meeting scheduled with Arihant Capital, demonstrating the company's commitment to maintaining transparent investor relations and regulatory compliance.

Meeting Details and Schedule

The company has provided specific details about the investor engagement through its regulatory filing on March 18, 2026:

Regulatory Compliance and Documentation

The intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, highlighting the company's adherence to mandatory disclosure requirements. Company Secretary and Compliance Officer Kameswara Rao Vempati signed the notification, ensuring proper authorization and documentation of the investor engagement.

Discussion Framework and Information Access

The meeting discussions will be structured around publicly available materials to maintain transparency and regulatory compliance. The company has specified that conversations will focus on:

• Publicly available 'Investor Presentation'
• 'Presentation on Project Udaan'
• Materials accessible on the company's website at digilogicsystems.com/investor-relations/

Information Disclosure Policy

Digilogic Systems Limited has explicitly stated that no unpublished price sensitive information (UPSI) will be discussed during the investor interaction. This commitment ensures compliance with SEBI regulations regarding selective disclosure and maintains fair information dissemination practices across all stakeholders.

The company's proactive approach to scheduling and documenting investor meetings reflects its commitment to maintaining transparent communication channels with the investment community while adhering to regulatory frameworks.