Digjam Ltd reported a net profit of ₹135.66 lakh for the quarter ended September 30, 2026, marking a significant turnaround from a loss of ₹174.29 lakh in the corresponding period last year. The company also approved a change in its Registrar and Share Transfer Agent during the same board meeting.

Revenue from operations stood at ₹992.66 lakh for Q2FY27, down from ₹1,413.99 lakh in Q2FY26. Despite the decline in top-line revenue, profitability improved substantially as total expenses contracted to ₹853.63 lakh from ₹1,334.44 lakh in the year-ago quarter. The absence of finance costs in the current period contributed to this margin expansion.

For the half-year ended September 30, 2026, Digjam recorded a net profit of ₹218.09 lakh, compared to a loss of ₹78.24 lakh in H1FY26. Revenue for the six-month period was ₹1,738.45 lakh, slightly lower than the ₹1,809.27 lakh reported in the previous year.

Board Approves RTA Change

The Board of Directors considered and approved the change of the company's Registrar and Share Transfer Agent (RTA) from MCS Share Transfer Agent Limited to MUFG Intime India Private Limited. The move is intended to leverage enhanced technological capabilities and improve investor servicing mechanisms. The effective date of this transition will be informed in due course.

What the Numbers Show

A divergence exists between operational performance and balance sheet health. While the company posted a profit before tax of ₹139.58 lakh from continuing operations, the auditor highlighted a material uncertainty related to going concern. Current liabilities exceeded current assets by ₹1,971.80 lakh as of September 30, 2026. Additionally, the sole manufacturing facility at Jamnagar has been discontinued, with related assets classified as held for sale at a carrying value of ₹5,318.53 lakh. The company plans to address these challenges through asset realization and a proposed scheme of arrangement with Reid and Taylor International Private Limited.

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, securing over 99.98% assent votes in each case.

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.

Voting results breakdown

The consolidated scrutinizer's report details the voting patterns across all three resolutions. In every instance, the promoter group voted unanimously in favour, while dissenting votes were recorded solely from public non-institutional shareholders. The total number of votes polled was 15,113,324 for each resolution, representing 75.57% of the company's outstanding shares.

No invalid votes were recorded for any resolution. The scrutiny was conducted in the presence of two witnesses who were not employees of the company.

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.