Latest news about DIGJAM
DIGJAM
51.55
+0.25(+0.49%)
Company Performance:
View Company Insights1D+0.49%
1M+16.26%
6M+14.96%
1Y-2.63%
5Y+198.84%
More news about DIGJAM
26May 26
Digjam FY26 loss widens, auditor flags going concern risk
Digjam Limited reported a total comprehensive loss of ₹97.90 lakhs for FY26, with current liabilities exceeding current assets by ₹2191.48 lakhs. The statutory auditor, Nayan Parikh & Co., flagged a material uncertainty regarding the company's ability to continue as a going concern, citing discontinued operations at its Jamnagar facility. Despite the loss, total income rose to ₹3,350.79 lakhs from ₹1,839.92 lakhs in the previous year. The Board approved the audited financial results on May 23, 2026, and published them in newspapers on May 25, 2026, pursuant to SEBI regulations.
25May 26
Digjam FY26 loss narrows as revenue rises
Digjam Limited reported a narrowed total comprehensive loss of ₹97.90 lakhs for FY26, down from ₹1,044.08 lakhs in the prior year, while revenue from operations increased to ₹3,327.94 lakhs. The Board approved the audited financial results and appointed internal and cost auditors for the upcoming fiscal year. Despite the improved revenue, auditors highlighted a material uncertainty regarding the company's ability to continue as a going concern due to a deficit in net current assets and the discontinuation of its Jamnagar manufacturing facility.
22Apr 26
Digjam Limited Declares No Encumbrance of Shares by Promoters for FY26
Digjam Limited submitted a disclosure to BSE and NSE on April 02, 2026, under SEBI Regulation 31(4) declaring that promoters and promoter group have not made any encumbrance of shares during FY26. Director Hardik Bharat Patel confirmed zero encumbrances across all five promoter entities including Finquest Financial Solutions Pvt. Ltd., Hardik Bharat Patel, Minal Bharat Patel, Ballarpur Industries Limited, and Amartaru Hospitality Private Limited.
28Mar 26
Digjam Limited Completes Postal Ballot Process with Unanimous Approval
Digjam Limited completed its postal ballot process with unanimous approval of all four resolutions by shareholders. The voting covered material related party transactions with Reid & Taylor International Private Limited and Finquest Financial Solutions Private Limited for FY 2026-27, along with special resolutions for borrowing limits and charge creation under Companies Act, 2013. The company's 33,550 shareholders participated through remote e-voting, with promoter group holding 1,50,00,000 shares appropriately abstaining from related party transaction votes while supporting borrowing resolutions.
05Nov 25
Digjam Limited Reports Q2 Results: Net Loss Widens Amid Operational Challenges
Digjam Limited reported a net loss of Rs 174.29 crore for Q2 ended September 30, up from Rs 78.29 lakh loss in the same quarter last year. Revenue from operations surged by 169.17% to Rs 1,413.99 lakhs. The company faces challenges including a working capital deficit and discontinued operations at its Jamnagar facility. Despite these issues, the Board has approved a Scheme of Arrangement with Reid and Taylor International Private Limited, involving a demerger of RTIL's Textile undertaking into Digjam Limited.
05Sept 25
DIGJAM Limited Reports Q2 Loss Amid Ongoing Insolvency Resolution Process
DIGJAM Limited, a textile company under Corporate Insolvency Resolution Process (CIRP), reported losses of ₹185.00 lakh for Q2 and ₹906.00 lakh for H1 ended September 30, 2019. Production has been suspended since October 2018 due to liquidity issues. A Resolution Plan was approved by the Committee of Creditors on February 11, 2020, pending approval from the National Company Law Tribunal, Ahmedabad.
04Aug 25
DIGJAM Limited Appoints New Company Secretary & Compliance Officer
DIGJAM Limited, a textile manufacturer in Gujarat, has appointed Ms. Daman Preet Kaur as Company Secretary & Compliance Officer. The decision was made during a board meeting on August 4, 2025. Ms. Kaur is a qualified Company Secretary with membership number ACS A41941. The board meeting also addressed compliance with SEBI regulations and confirmed the closure of the trading window for designated persons from July 1, 2025, until 48 hours after the declaration of Q2 2025 financial results.
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1,153.20
(+2.40%)
188.69
(+4.11%)
760.25
(+0.05%)
461.25
(+3.00%)
35.10
(-1.35%)
71.48
(+2.48%)
36.90
(+4.74%)
1,517.40
(+1.91%)
8,300.00
(+2.99%)
211.10
(-3.20%)
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