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

Digjam's board approved the unaudited financial results for the quarter ended June 30, 2025. The company reported a net profit of ₹0.96 Cr, a significant turnaround from a loss last year. While continuing operations posted a ₹0.66 Cr loss, discontinued operations contributed ₹1.62 Cr profit. The board also re-appointed four directors, including Whole-Time Director Mr. Hardik Bharat Patel, for five-year terms, pending shareholder approval. A key strategic focus is the demerger scheme with Reid and Taylor International's textile unit, aimed at ensuring future business viability despite current liabilities exceeding assets by ₹5.45 Cr.