Diggi Multitrade Limited's Board of Directors has approved several significant proposals during their meeting held on September 6, 2025. The board has given the green light to increase limits for related party transactions, investments/loans/guarantees/advances, and borrowing powers, all set at Rs 100.00 crores each. These decisions are subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Key Decisions

Increased Limits

The board has approved proposals to increase limits for:

• Related Party Transactions
• Investments, loans, guarantees, and advances
• Borrowing powers

All these limits have been set at Rs 100.00 crores each, subject to shareholder approval.

New Statutory Auditors

The board has appointed M/s A K Chanderia and Company as the new statutory auditors, replacing the retiring firm M/s S. K. Jha Chartered Accountant. The new auditors will serve for a term of 5 years, from the 15th to the 20th Annual General Meeting.

Annual Reports Approval

The Directors Report, Management Discussion Analysis, and Corporate Governance Report for FY 2024-25 have been approved by the board.

AGM Schedule

The 15th Annual General Meeting has been scheduled for September 30, 2025, to be conducted via video conferencing.

Book Closure

The book closure dates have been fixed from September 24-30, 2025 (both days inclusive) for the purpose of the AGM.

E-voting Scrutinizer

M/s Nitesh Chaudhary & Associates has been appointed as the scrutinizer for the e-voting process.

Additional Information

• The board meeting commenced at 6:00 PM and concluded at 7:20 PM.
• Mr. Samarth Prabhudas Ramanuj, the Managing Director of the company, will conduct the 15th Annual General Meeting.
• The new statutory auditors, M/s A K Chanderia and Company, have confirmed their independence from the company and its directors.

These decisions reflect Diggi Multitrade Limited's efforts to enhance its operational capabilities and ensure compliance with regulatory requirements. Shareholders will have the opportunity to vote on these proposals at the upcoming AGM, which will play a crucial role in shaping the company's financial flexibility and governance structure for the coming years.

Diggi Multitrade Ltd has taken steps to reclassify two of its promoters from the 'Promoter Group' to the 'Public' category, as per a recent application submitted to the BSE Limited. The company is seeking approval for the reclassification of Pradeepkumartana Jankiramulu Naidu and Sangeeta Hariprasad Naidu, both of whom currently hold zero shares in the company.

Timeline of Events

• September 4, 2024: Board approval obtained for the reclassification
• October 1, 2024: Member approval secured
• October 29, 2024: Application submitted to BSE Limited

Reclassification Details

The reclassification request pertains to the following individuals:

Regulatory Compliance and Disclosure

Diggi Multitrade acknowledged a delay in disclosing the application as required under Regulation 31A(8)(c) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company attributed this oversight to a lack of awareness and understanding of the specific regulatory requirements.

In a statement, the company assured that the delayed disclosure was unintentional and confirmed that there was no mala-fide intention behind the non-disclosure. Diggi Multitrade emphasized that it had made timely disclosures under Regulation 31A(3)(a) & (b) of the SEBI regulations, communicating the reclassification request as a material event to shareholders.

Future Compliance Measures

To prevent similar oversights in the future, Diggi Multitrade has committed to strengthening its compliance framework. The company expressed regret for the delay and has requested the BSE to condone the oversight.

As the reclassification process moves forward, stakeholders and the public will be watching closely to see how this change might impact the company's ownership structure and governance. The BSE's decision on the application will be a crucial next step in this corporate action.