Digjam Limited — Others, 14-08-2025: Change in Auditors

Digjam's board has approved the financial results for the quarter ended June 30, 2025, reporting a net profit of Rs. 0.96 Cr and total income of Rs. 3.95 Cr. The company faces a going concern uncertainty as current liabilities exceed current assets by Rs. 5.45 Cr, and its Jamnagar manufacturing operations are discontinued, with related assets of Rs. 56.82 Cr classified for sale. Management is addressing this via asset realization, cost optimization, and a proposed demerger scheme with Reid and Taylor International. Additionally, the board approved the re-appointment of four key directors and appointed M/s. Viral Sanghavi & Associates as Secretarial Auditor for five years, all pending shareholder approval.