BSE gives no adverse objection to Digjam-RTIL demerger scheme
DIGJAMLMTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.6 pts more than Nifty Microcap 250 and 5.1 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Digjam Limited received BSE's no adverse objection on 5 Dec 2025 for the scheme where Reid and Taylor International (RTIL) will demerge into Digjam. SEBI gave observations on 4 Dec 2025. The scheme still needs NCLT, shareholder, and creditor approvals. Key concern: public shareholding in Digjam will drop from 25% to 5.48% post-scheme. The scheme must be filed with NCLT within 6 months.
Major dilution for public shareholders from 25% to 5.48%. Scheme still needs NCLT and shareholder approval.