News

Diggi Multitrade Limited Reports Loss and Submits Revised Half-Year Results

Diggi Multitrade Limited reported a net loss of Rs. 12.71 lakhs for the half-year ended September 30, 2025, and resubmitted its financial results to BSE due to an incorrect limited review report attachment. The company's revenue from operations was Rs. 11.50 lakhs with total expenses of Rs. 28.22 lakhs, and it remains exempt from related party transaction disclosures due to its paid-up capital and net worth being below regulatory thresholds.

Diggi Multitrade Board Approves Rs 100 Crore Limits for Related Party Transactions, Investments and Borrowings

Diggi Multitrade Limited's Board of Directors approved several key proposals during their September 6, 2025 meeting. The board approved increasing limits for related party transactions, investments/loans/guarantees/advances, and borrowing powers to Rs 100 crores each, all subject to shareholder approval at the upcoming Annual General Meeting. The board appointed M/s A K Chanderia and Company as new statutory auditors, replacing the retiring M/s S. K. Jha Chartered Accountant. The firm will serve for 5 years from the 15th to 20th Annual General Meeting. The board also approved the Directors Report, Management Discussion Analysis, and Corporate Governance Report for FY 2024-25. The 15th Annual General Meeting was scheduled for September 30, 2025 via video conferencing, with book closure dates fixed from September 24-30, 2025. M/s Nitesh Chaudhary & Associates was appointed as scrutinizer for the e-voting process.

Diggi Multitrade Seeks Reclassification of Two Promoters to Public Category

Diggi Multitrade Ltd has submitted an application to BSE Limited for reclassification of two promoters - Pradeepkumartana Jankiramulu Naidu and Sangeeta Hariprasad Naidu - from 'Promoter Group' to 'Public' category. Both promoters currently hold zero shares (0.00% holding) in the company. The company obtained board approval on September 4, 2024, and member approval on October 1, 2024, before submitting the application on October 29, 2024. The company acknowledged delayed disclosure and cited inadvertent oversight due to lack of awareness of specific regulatory requirements, while confirming no mala-fide intention. The company has assured strengthening of compliance framework to prevent future instances.