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Digjam LimitedJV/Acquisition, 30-06-2025: Demerger

30-06-2025 | 03:32 pm

Digjam Limited is absorbing the textile business of Reid & Taylor International Pvt Ltd through a demerger, consolidating similar operations under one listed entity. This move aims to optimize resources, reduce costs, streamline management, and unlock operational synergies within the textile segment. Post-demerger, shareholders of Reid & Taylor will receive shares in Digjam, which will issue over 7 crore new equity shares, expanding its share base substantially. The combined, focused textile business under Digjam is expected to enhance growth potential and profitability by leveraging scale and integrated management.

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