Company Overview

Annual General Meeting Details

  • Meeting Date: Monday, September 28, 2026 at 11:00 A.M. (IST)
  • Mode: Video Conferencing/Other Audio-Visual Means (OAVM)
  • Deemed Venue: Registered Office at Door No. 508/A/6, GVG Nagar, Pushapathur, Swaminathapuram, Palani Taluk, Dindigul District, Tamil Nadu, India, 642113
  • Cut-off Date: September 21, 2026 for determining members entitled to vote

Agenda Items

Ordinary Business

1. Adoption of audited financial statements for FY ended March 31, 2026 and reports of Board of Directors and Auditors

2. Reappointment of Sri Ruchit Bharat Patel (DIN: 00603359) who retires by rotation

Special Business

3. Ratification of remuneration of Cost Auditors, M/s K.G. Goyal & Co., for FY ending March 31, 2027 at ₹35,000 plus applicable taxes and out-of-pocket expenses

Board of Directors and Key Management Personnel

Directors

  • Chairman: Sri Hardik Bharat Patel (DIN: 00590663) - Whole-Time Director
  • Other Directors: Sri Ajay Agarwal, Sri D.G. Rajan, Smt. Sudha Bhushan, Sri Panchapakesan Swaminathan, Sri Ruchit Bharat Patel

Key Managerial Personnel

  • Chief Financial Officer: Sri Pankaj Prakash Gharat
  • Company Secretary & Compliance Officer: Sri Ritesh Krishna Kumar Mishra (from February 05, 2026)
  • Previous Company Secretaries: Sri Mohit Premchand Dubey (till April 30, 2025), Smt. Daman Preet Kaur (August 04, 2025 to February 04, 2026)

Financial Performance Summary (FY 2025-26 vs FY 2024-25)

| Particulars | FY 2025-26 (₹ Lakhs) | FY 2024-25 (₹ Lakhs) | Change |

| Revenue from Operations & Other Income | 3,350.79 | 1,839.92 | 82.11% |

| Operating Profit/(Loss) before Interest, Taxes, Depreciation & Amortisation | 341.71 | 333.32 | 2.52% |

| Finance Costs | (104.45) | (133.51) | -21.77% |

| Depreciation | (4.71) | (1.90) | 147.89% |

| Profit/(Loss) before Tax from Continued Operations | 232.55 | 197.91 | 17.50% |

| Profit/(Loss) After Tax from Continued Operations | 232.55 | 197.91 | 17.50% |

| Loss Before Tax from Discontinued Operations | (332.35) | (1,258.40) | -73.58% |

| Loss After Tax from Discontinued Operations | (332.35) | (1,258.40) | -73.58% |

| Total Comprehensive Profit/(Loss) for the period | (97.90) | (1,044.09) | -90.62% |

Significant Events During the Year

1. Shifted Registered Office from Gujarat to Tamil Nadu effective October 07, 2025

2. Filed Scheme of Arrangement for merger with National Company Law Tribunal

3. Discontinued operations at Jamnagar manufacturing facility, with assets classified as "Non-Current Assets Held for Sale" with carrying value of ₹5,318.53 lakhs

Capital Structure

  • Paid-up Equity Share Capital: ₹2,000 lakhs (unchanged during the year)
  • Outstanding Preference Share Capital: ₹2,700 lakhs (7% Non-Convertible Cumulative Redeemable Preference Shares)

Borrowings and Loans

  • Loan from Director: ₹3,307 lakhs borrowed from Sri Hardik Bharat Patel during FY 2025-26, outstanding as of March 31, 2026
  • Non-Current Borrowings: ₹2,706.21 lakhs
  • Current Borrowings: ₹3,307.00 lakhs

Auditor Appointments

  • Statutory Auditors: M/s. Nayan Parikh & Co., Chartered Accountants
  • Cost Auditors: M/s. K.G. Goyal & Co., Cost Accountants (remuneration ₹35,000 + taxes)
  • Internal Auditors: M/s. G. M. Kapadia & Co., Chartered Accountants
  • Secretarial Auditors: M/s Viral Sanghavi & Associates, Practicing Company Secretaries

Corporate Governance Compliance

  • Board met 6 times during FY 2025-26
  • All mandatory committees constituted: Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee
  • No material related party transactions except in ordinary course of business
  • No instances of sexual harassment reported during the year
  • Whistle Blower Policy and Code of Conduct implemented

Dividend and Reserves

  • No dividend recommended or declared during FY 2025-26
  • No amounts transferred to general reserves

Shareholding Pattern

  • Promoter Holding: 75% (Finquest Financial Solutions Private Limited)
  • Public Holding: 25%
  • Dematerialized Shares: 99.9% of total equity shares
  • Physical Shares: 0.10% of total equity shares

Material Financial Ratios

| Ratio | FY 2025-26 | FY 2024-25 | Variance |

| Current Ratio | 0.50 | 0.82 | -40% |

| Debt Equity Ratio | 13.61 | 10.96 | 24% |

| Interest Coverage Ratio | 0.00 | -1.56 | -100% |

| Inventory Turnover | 2.69 | 1.49 | 81% |

| Trade Receivables Turnover | 4.33 | 2.99 | 45% |

| Net Profit Margin | 0.07 | 0.11 | -57% |

Going Concern Consideration

The financial statements have been prepared on a going concern basis despite current liabilities exceeding current assets by ₹2,191.48 lakhs and discontinued operations, based on management's plans including realization of non-core assets, cost optimization, and strategic restructuring.

E-Voting Arrangements

  • Remote e-voting period: September 25, 2026 (9:00 AM) to September 27, 2026 (5:00 PM)
  • E-voting agency: National Securities Depository Limited (NSDL)
  • Scrutinizer: Sri Ankit Sethi, Proprietor of Ankit Sethi & Associates, Company Secretaries

Registered Office and Contact Information

Corporate Office: 602, Boston House, 6th Floor, Suren Road, Andheri (E), Mumbai, Maharashtra - 400093

#Tags: #DigjamLimited #AGMNotice #AnnualReport #SEBIDisclosure #RegulatoryCompliance #FinancialResults #TextileSector