Digjam Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

Digjam announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. The company posted a net profit of ₹0.96 Cr, a significant improvement from a ₹5.26 Cr loss last year. A major strategic move includes a scheme to demerge Reid & Taylor International's textile unit into Digjam, effective July 1, 2025, pending approvals. The board also approved the re-appointment of three Independent Directors and Whole-Time Director Hardik Bharat Patel for a second term, subject to shareholder approval. While current liabilities exceed assets by ₹5.45 Cr, and its Jamnagar plant assets of ₹56.82 Cr are for sale, management plans asset realization and restructuring to ensure future viability.