DIGJAMLMTDNSEDigjam LimitedMinimalNeutral
Announced Tue, 26 May · 16:11 IST

Digjam Limited has informed the Exchange regarding 'Annual Secretarial Compliance Report for the year ended 31st March 2026

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₹46.00
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AI summary

Digjam Limited has filed its Annual Secretarial Compliance Report for FY 2025-26, prepared by Practicing Company Secretary Viral B Sanghavi of Viral Sanghavi & Associates. The report, submitted under SEBI Regulation 24A, covers compliance across multiple SEBI regulations including LODR, PIT, and Depositories regulations. One deviation was identified: the company did not have a Company Secretary/Compliance Officer for a continuous period from May 1, 2025 to August 3, 2025, violating Regulation 6(1) of SEBI LODR. Both BSE and NSE levied a fine of Rs 3,540 each (total Rs 7,080) on November 20, 2025. The Board acknowledged the penalty and committed to stronger compliance oversight and backward planning to avoid future lapses. All other 12 compliance areas examined were found satisfactory, with no prior year observations pending.

Likely market impact

The compliance lapse resulted in modest regulatory penalties (Rs 7,080 total). The company has acknowledged the issue and Board-level commitment to improved compliance processes should reduce recurrence risk, though the delay in appointing a compliance officer (3+ months) signals administrative weakness.