Digjam Limited Shareholders Convene for Scheme Approval Meeting Amidst Tribunal Directives

Digjam Limited Shareholders Convene for Scheme Approval Meeting Amidst Tribunal Directives​

A meeting of the Equity Shareholders of Digjam Limited is scheduled to consider and potentially approve a specific Scheme of Arrangement involving the company and Reid & Taylor International Private Limited. The shareholders' meeting is set to take place on Sunday, August 16, 2026, at 11:00 A.M. IST.

The event pertains to the Scheme of Arrangement between Reid & Taylor International Private Limited (RTIL), referred to as the First Applicant Company or Demerged Company, and Digjam Limited, identified as the Second Applicant Company or Resulting Company. The meeting is based on an Order dated June 19, 2026, issued by the National Company Law Tribunal, Chennai Bench.

The meeting will be conducted via video conferencing (VC) or other Audio-Visual Means (OAVM). Shareholders are invited to vote on the resolution for approving the Scheme, with or without modifications. It is noted that if the resolution is passed by a majority in number representing three-fourths in value of the Equity Shareholders casting their votes, it will be deemed duly passed on the meeting date.

The scheme’s execution is subject to subsequent sanction by the Tribunal and necessary approvals from other regulatory authorities. Furthermore, the Scheme will only be acted upon if the number of votes cast in favour of the Scheme exceeds the number of votes cast against it by the public shareholders.

E-Voting Facility Details​

Shareholders have the opportunity to vote on the resolution through the available e-voting system at the meeting or via remote electronic voting (remote e-Voting). The timeline for remote e-voting is detailed as follows:


Only individuals recorded as Equity Shareholders in the Register of Members or maintained by the Depositories as of the cut-off date, August 10, 2026, are entitled to exercise voting rights for the proposed resolution and attend the meeting.

DIGJAMLMTD Stock Price Movement​

Digjam Limited shares slipped on Tuesday, settling at ₹43.38 after shedding ₹1.04, or 2.36% from the previous close. The equity traded within a day range of ₹42.52 to ₹44.72 and saw 6,369 shares change hands during the session.