This is with reference to our letter dated August 14, 2025 whereby pursuant to the provisions of Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, ....
DIGIDRIVE · price
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Digidrive Distributors has re-filed its FY2024-25 Annual Report to fix a typographical error on page 114, where two directors — Mr. Alok Kalani and Mr. Gopal Rathi — were wrongly labelled as 'Non-Executive Independent Director' instead of 'Non-Executive Director'. The Annual General Meeting is scheduled for September 12, 2025 via video conferencing. Key financials from the report show consolidated net sales of Rs. 4,978 Lacs (up from Rs. 4,763 Lacs in FY24), consolidated net profit surging 95% to Rs. 791 Lacs (from Rs. 406 Lacs), and operating profit margin expanding sharply to 18.98% from 9.25%.
The filing is purely administrative — no change in financials or governance, so no material stock impact. However, the underlying Annual Report highlights strong profitability growth and margin expansion, reflecting improved operational efficiency. Shareholders should note the AGM includes a proposal for material related party transactions with Saregama India Limited up to Rs. 100 crore.