Digjam Limited concluded its 11th Annual General Meeting (AGM) on September 28, 2026, through Video Conferencing (VC). All three ordinary resolutions proposed in the meeting notice were passed with the requisite majority.

The meeting commenced at 11:00 am and concluded at 11:32 am. A total of 57 members participated in the proceedings exclusively through video conferencing. No shareholders attended in person or through proxies. The participation breakdown showed one member from the promoter group and 56 public shareholders joining virtually.

Key resolutions approved

The Board of Directors convened to address statutory requirements for the financial year ended March 31, 2026. The following ordinary resolutions were adopted:

• Adoption of audited financial statements for FY26 along with Board and auditor reports.
• Reappointment of Ruchit Bharat Patel as a director retiring by rotation.
• Ratification of remuneration for cost auditors for the financial year ending March 31, 2027.

Ritesh Krishna Kumar Mishra, Company Secretary and Compliance Officer, facilitated the meeting and provided instructions on e-voting procedures. The remote e-voting period ran from September 25, 2026, to September 27, 2026. M/s. Ankit Sethi & Associates served as the scrutinizer for the voting process.

Meeting attendance details

The AGM was held without a physical venue, complying with Ministry of Corporate Affairs circulars and SEBI Listing Regulations. The deemed venue was the company's registered office. Attendance was recorded as follows:

All directors attended the meeting except Ruchit Bharat Patel. The chairpersons of the Audit, Nomination and Remuneration, and Stakeholders' Relationship Committees were present. Statutory auditors, secretarial auditors, and the scrutinizer also participated in the virtual session.

The National Company Law Tribunal (NCLT) Chennai bench has admitted the petition for a scheme of arrangement involving Digjam Limited and Reid & Taylor International Private Limited.

The tribunal passed the order on September 2, 2026, following the approval of the proposed scheme by shareholders and creditors. The Chairman’s report dated August 16, 2026, which evidences this approval, was placed on record during the proceedings.

Regulatory Process

The joint petition was filed under Sections 230-232 of the Companies Act, 2013, read with the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. Reid & Taylor International Private Limited is designated as the demerged company, while Digjam Limited is the resulting company.

The NCLT directed the petitioner to serve notices to various statutory authorities, including:

• The Central Government through the Regional Director (Southern Region), Ministry of Corporate Affairs
• The Registrar of Companies, Coimbatore
• Income Tax Authorities
• SEBI, NSE, and BSE
• The Board of Approval Special Economic Zone of India (Madras)
• Other sectoral regulatory authorities as applicable

These authorities have 30 days from the date of receipt of notice to file any representations. If no representation is received within this period, it will be presumed that they have no objections to the proposal.

Next Steps

The tribunal has fixed October 28, 2026, as the date for the next hearing. The petitioner must also publish notices in Business Standard (English) and Makkal Kural (Tamil) newspapers, along with filing affidavits evidencing proof of service and publication within seven days.