Digjam Limited — Others, 14-08-2025: Change in Director(s)

Digjam Limited reported a net profit of Rs. 0.96 Cr for the quarter, including Rs. 1.62 Cr profit from discontinued operations. Operations at its Jamnagar manufacturing facility ceased, with Rs. 56.82 Cr in related assets now held for sale. The company faces a working capital deficit of Rs. 5.45 Cr, raising going concern concerns, though management plans asset realization and strategic restructuring. The Board also approved a demerger scheme with Reid and Taylor International, re-appointed four directors, and appointed M/s. Viral Sanghavi & Associates as Secretarial Auditor, all pending shareholder approval.