Digjam Limited Holds NCLT Convened Shareholder Meeting for Scheme of Arrangement
Digjam Limited held an NCLT-convened meeting on August 16, 2026, to approve a Scheme of Arrangement with Reid & Taylor International Private Limited. E-voting results are expected by August 18, 2026. The meeting was conducted via video conference.
The meeting concerns a significant corporate action, a scheme of arrangement involving a demerger. Shareholder approval is a crucial step, and the outcome will have a material impact on the company's structure and future operations.
The announcement reports on a procedural meeting convened by NCLT to seek shareholder approval for a scheme of arrangement. While the process is ongoing, there are no immediate financial results or definitive outcomes announced that would strongly influence sentiment.
Digjam Limited convened a meeting of its equity shareholders on August 16, 2026, via Video Conference (VC) as per the directions of the National Company Law Tribunal (NCLT), Chennai Bench. The meeting, held in accordance with the Companies Act, 2013, and SEBI Listing Regulations, commenced at 11:00 A.M. IST.
The primary agenda was to seek shareholder approval for the proposed Scheme of Arrangement between Reid & Taylor International Private Limited (Demerged Company) and Digjam Limited (Resulting Company).
Mr. Sriram Ananth V. served as the Chairperson, appointed by the NCLT, with Mr. P. Ajith Kumar as the Scrutinizer. The Company Secretary, Mr. Ritesh Mishra, welcomed attendees and briefed them on the meeting procedures. National Securities Depository Limited (NSDL) provided facilities for remote e-voting and participation.
Mr. Ajay Agarwal, Non-Executive Director, presented the salient features of the Scheme. Shareholders had the opportunity to ask questions, which were addressed by the management. Shareholders who had not voted remotely could cast their votes through the NSDL e-voting platform. The results of the e-voting and the Scrutinizer's Report are expected to be announced on or before August 18, 2026, and will be filed with the stock exchanges and hosted on the company's website. The meeting concluded at 11:20 A.M. IST, with the e-voting facility remaining open for an additional 30 minutes.
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Digjam Limited filed this with the NSE as a statutory disclosure, categorised under shareholder meetings. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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