Digjam Limited reported a narrowed total comprehensive loss of ₹97.90 lakhs for the financial year ended March 31, 2026, compared to ₹1,044.08 lakhs in the previous year. Revenue from operations for FY26 increased to ₹3,327.94 lakhs from ₹1,819.83 lakhs in FY25. For the quarter ended March 31, 2026, the company reported a net loss of ₹72.78 lakhs on revenue of ₹820.58 lakhs.

Financial Results

The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026. The statutory auditors, M/s. Nayan Parikh & Co., issued an unmodified opinion on the results. The company's total income for the year stood at ₹3,350.79 lakhs, while total expenses were ₹3,118.24 lakhs.

Auditor Appointments

The Board appointed M/s. G. M. Kapadia & Co. Chartered Accountants as the Internal Auditor for the financial year 2026-2027. Additionally, M/s. K.G. Goyal & Co. were appointed as Cost Auditors for the year 2026-27, subject to the recommendations of the Audit Committee.

Key Financial Metrics

The following table summarizes the financial performance for the year ended March 31, 2026:

Going Concern and Operations

The financial statements were prepared on a going concern basis. However, the auditors noted a material uncertainty regarding the company's ability to continue as a going concern due to current liabilities exceeding current assets by ₹2,191.48 lakhs as of March 31, 2026. Operations at the company's sole manufacturing facility in Jamnagar have been discontinued effective March 31, 2025, with related assets classified as "Non-Current Assets Held for Sale".

The trading window for dealing in the company's securities by designated persons remains closed until 48 hours after the declaration of these financial results.

Digjam Limited has submitted a disclosure to the Bombay Stock Exchange Limited and National Stock Exchange of India Limited declaring that promoters and promoter group have not made any encumbrance of shares during the financial year ended March 31, 2026. The disclosure was made on April 02, 2026, under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Disclosure Details

Hardik Bharat Patel, Director with DIN 00590663, submitted the declaration on behalf of all promoters and promoter group along with persons acting in concert. The disclosure confirms that no restrictions on free and marketable title to shares, pledges, liens, negative liens, non-disposal undertakings, or any other encumbrances have been created directly or indirectly during FY26.

Promoter and Promoter Group Details

The company provided complete details of promoters and promoter group in Annexure A, confirming zero encumbrances across all entities:

Definition of Encumbrance

As per SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the term encumbrance includes any restriction on the free and marketable title to shares, pledge, lien, negative lien, non-disposal undertaking, or any covenant, transaction, condition, or arrangement in the nature of encumbrance, whether executed directly or indirectly.

Company Background

Digjam Limited operates as part of the FINQUEST Group, specializing in fine suitings. The company maintains transparency in its regulatory compliance and ensures timely disclosures to stock exchanges. The declaration was also copied to the Audit Committee of Digjam Limited for record purposes.

Stock Exchange Submission

The disclosure was addressed to The Capital Market (Listing) departments of both major Indian stock exchanges: