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 National Stock Exchange of India Limited ("NSE") on 8th December 2025. The copy of the observation letter received from NSE is enclosed herewith and also made available on the website of the Company at https://digjam.co.in/
DIGJAMLMTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Digjam Limited has received a 'no adverse objection' observation letter from NSE on 8th December 2025 regarding its Scheme of Arrangement with Reid & Taylor International Private Limited (RTIL). Under this scheme, RTIL is the Demerged Company and Digjam is the Resulting Company, indicating a demerger arrangement. The scheme was first intimated to the exchanges on 29th June 2025. NSE's clearance is a key regulatory milestone for the proposed demerger, though no swap ratio or financial details are disclosed in this filing. The observation letter has been made available on the company's website.
Positive development as NSE's no-objection removes a key regulatory hurdle and signals progress on the demerger plan. Shareholders should note that further approvals (including NCLT and shareholders' consent) are still required before the scheme becomes effective.