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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Digjam Ltd

Digjam: NCLT Allows Scheme of Arrangement for Reid & Taylor Demerger

REGULATORY ◆ Monitor Closely MEDIUM RISK
📅 Filed on BSE: 27 Jun 2026, 12:34 PM IST  ·  BSE ID: d88e8451-1da0-4045-ae43-2edfdfd3d49a
View Original BSE Filing (PDF)
💡
In Simple Terms
The court has allowed the company to proceed with a plan to split off another business, requiring shareholder and creditor votes.
🤖 AI Summary
  • NCLT Chennai admits joint application for Scheme of Arrangement between Reid & Taylor and Digjam.
  • Order directs meetings of unsecured creditors and equity shareholders for scheme approval.
  • Tribunal issued directions for notices to regulatory authorities and stakeholders.
  • Scheme requires shareholder, creditor, and final tribunal approval to become effective.
🏢 How This Affects the Company
📈
Business Impact
This is a procedural step enabling the proposed demerger of Reid & Taylor International Private Limited, which may alter Digjam's business structure and asset base upon completion.
💰
Financial Impact
No immediate financial impact is detailed. The scheme's financial implications will be assessed upon its eventual approval and implementation.
⚙️
Operational Impact
The order mandates organizational steps, including convening meetings for shareholder and creditor approvals, impacting administrative operations.
⚠️
Risk Impact
The scheme remains subject to further approvals, introducing continued uncertainty until all statutory and regulatory compliances are met.
👥 What This Means For Shareholders
✅
Action Required
Shareholders of Digjam Limited will be notified to attend meetings to consider and approve the proposed Scheme of Arrangement.
👤
Who Is Affected
Equity shareholders of Digjam Limited are directly affected as their approval is required for the Scheme of Arrangement to proceed.
🔍
Management Signal
Management is actively pursuing the proposed demerger, adhering to regulatory processes and seeking necessary approvals for restructuring.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
NCLT order for convening creditor and shareholder meetings
Outcome of shareholder and creditor meetings on scheme approval
Final sanction order from NCLT for the Scheme of Arrangement
MEDIUM RISK Scheme of Arrangement is subject to multiple future approvals.
💡 Investor Takeaway
Digjam's proposed Scheme of Arrangement with Reid & Taylor International Private Limited has received procedural admission from NCLT Chennai, moving towards meetings for shareholder and creditor approval.
❓ Frequently Asked Questions
What is the update on Digjam Limited's Scheme of Arrangement with Reid & Taylor?
The NCLT Chennai has admitted the joint application and directed meetings for unsecured creditors and equity shareholders to approve the Scheme.
Which companies are involved in the Scheme of Arrangement?
The Scheme of Arrangement is between Reid & Taylor International Private Limited (Demerged Company) and Digjam Limited (Resulting Company).
What are the next steps for Digjam's Scheme of Arrangement?
Digjam must convene meetings of its equity shareholders and unsecured creditors, and obtain final sanction from the Hon'ble NCLT.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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