Company has received Adjudication Orders from Registrar of Companies, Hyderabad.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Digilogic Systems Ltd has received three Adjudication Orders from the Registrar of Companies, Hyderabad dated 22.04.2026 imposing penalties for alleged procedural lapses in three private placements made during FY 2024-25. The penalties include Rs. 2 crores (two separate orders) and Rs. 73.44 lakhs on the Company, with similar penalties on Executive Directors as officers in default. The violations relate to Section 42 of the Companies Act, 2013. The Company states there is no immediate financial impact as it is filing an appeal before the Regional Director to challenge these orders. No material impact on operations is reported.
The penalties totaling approximately Rs. 4.73 crores could impact financials if the appeal fails. The stock may see negative sentiment due to regulatory enforcement action, though the company is contesting the orders.