Dear Sir/Madam,This is with reference to our intimation dated 29th June 2025 with respect to the Scheme of Arrangement amongst Reid & Taylor International Private Limited ( RTIL or Demerged Company ) and Digjam Limited ( Digjam or Resulting Company or the Company ) and their respective shareholders ( Scheme )In this regard, we would like to inform you that the Company has received observation letter with 'no adverse objection' from the BSE Limited ("BSE") on 5th December 2025. The copy of the observation letter received from BSE is enclosed herewith and also made available on the website of the Company at https://digjam.co.in/
DIGJAMLMTD · price
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Digjam Limited received a 'no adverse objection' observation letter from BSE on 5th December 2025 for the Scheme of Arrangement with Reid & Taylor International Private Limited (RTIL), where RTIL is the Demerged Company and Digjam is the Resulting Company. The original intimation about the scheme was made on 29th June 2025. The BSE observation letter has been shared with stock exchanges and uploaded to the company's website. This is an important regulatory step forward in the demerger process.
Receipt of BSE's no adverse objection is a positive procedural milestone in the demerger process, suggesting the scheme is moving closer to completion, though further approvals including NCLT sanction and shareholder/court approvals are still required before the deal concludes.