Digjam postal ballot vote clears 4 resolutions in 2026

What Digjam reported to exchanges

Digjam Limited informed stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 that it had initiated a postal ballot process for shareholder approval on special business items. The company shared a Postal Ballot Notice dated February 24, 2026, along with an explanatory statement. The notice was stated to be sent to members whose names appeared in the Register of Members or the list of beneficial owners as on the cut-off date.

The update also sits alongside other governance-related disclosures from the company, including annual general meeting outcomes from earlier years. Digjam is listed under the symbol DIGJAMLMTD, and the company is described as being incorporated in 1948 with operations in textiles, including manufacturing woolen and worsted fabrics.

Shareholders approved all four resolutions

The postal ballot concluded on March 26, 2026, and shareholders approved all four resolutions put to vote. The information provided indicates the set included two ordinary resolutions and two special resolutions.

One of the resolutions specifically disclosed in the material is Resolution 1, which related to material related-party transactions with Reid & Taylor International Private Limited. This resolution was reported as approved with 99.56% support from non-institutional public shareholders.

While the disclosure referenced all four resolutions being approved, the detailed voting percentages were not provided for every item in the text shared. The key takeaway from the outcome is that the full set of items placed before shareholders received approval.

Postal ballot framework and key dates

Digjam stated that the postal ballot notice was dated February 24, 2026. The cut-off date for determining eligible members was Friday, February 20, 2026, based on the register of members and beneficial owners.

The company described the items as “special business agenda items”, which generally indicates matters outside routine annual approvals. The voting outcome was communicated as a completed process with approval, with the postal ballot reported as concluded on March 26, 2026.

Resolution 1: related-party transactions with Reid & Taylor International

Resolution 1 covered material related-party transactions with Reid & Taylor International Private Limited. Based on the data provided, the resolution received 99.56% support from non-institutional public shareholders.

Related-party transaction approvals are a governance focus area in Indian listed companies, particularly when transactions are “material” and need explicit shareholder consent. The company’s disclosure highlights the approval outcome but does not include the transaction value, timeframe, or additional commercial terms in the provided text.

Ordinary and special resolutions: what is known

The postal ballot included two ordinary resolutions and two special resolutions, and all four were approved. Beyond the related-party transaction approval, no additional resolution titles, thresholds, or voting splits were provided in the shared information.

From a disclosure standpoint, the key confirmed elements are the number and type of resolutions, the fact of approval for all items, and a specific percentage for Resolution 1 among a particular shareholder category.

Governance context: Digjam’s 10th AGM held virtually

Digjam also disclosed that it held its 10th Annual General Meeting (AGM) on September 30, 2025 via video conferencing, in compliance with the Ministry of Corporate Affairs and SEBI regulations. The meeting was chaired by Mr. Hardik Bharat Patel.

The company stated that all six directors attended, along with representatives from various committees and auditors. It also noted remote e-voting support through National Securities Depositories Limited (NSDL), which enabled shareholder participation despite the virtual format.

According to the disclosure, the AGM addressed the business outlined in the AGM notice.

Earlier AGM disclosure from 2023

The company also referenced its 61st Annual General Meeting held on September 29, 2023. It stated that the results of votes cast through remote e-voting and ballot on all resolutions were enclosed along with a consolidated scrutinizer’s report.

This historical reference is relevant because postal ballot outcomes typically follow similar governance processes around voting, scrutiny, and reporting. However, the provided text does not include the numerical voting outcomes from the 2023 AGM.

Stock snapshot and listed-company details

Market participants often track governance updates alongside stock moves. The material provided includes multiple price references for Digjam shares, including a price point of ₹48.4 with a move of 7.51% on Apr 15, 2026 at 05:30:00 AM, and another stated current price of ₹44.48.

The stock display also showed “DIGJAMLMTD -2.38%” at one point in the text. Additional company-level market data in the extract included a dividend yield of 0.00% and a face value of ₹10.0.

Key facts table

Market impact: what can be stated from the data

From the information provided, the most direct market-related datapoints are the stock prices and percentage moves cited alongside the governance updates. Digjam’s reported price points include ₹48.4 (7.51%) on Apr 15, 2026 (05:30:00 AM) and a stated current price of ₹44.48.

The governance outcome itself is clear: shareholders approved every resolution presented in the postal ballot. The disclosure does not quantify transaction size, expected financial impact, or changes to business operations linked to the related-party transaction approval. As a result, any assessment beyond the confirmed approval outcome and observed price references would require additional filings or financial statements.

Conclusion

Digjam’s postal ballot process, anchored by the February 24, 2026 notice and a February 20, 2026 cut-off date, ended with shareholders approving all four resolutions by March 26, 2026. The company also highlighted ongoing governance processes through disclosures around its September 30, 2025 virtual AGM and references to its September 29, 2023 AGM voting reports.

The next concrete updates for investors would typically be any subsequent exchange filings that provide more detail on implementation of the approved items, including any disclosures tied to material related-party transactions already approved by shareholders.