DIGJAMLMTD (DIGJAMLMTD): Order Win
Digjam Limited has informed the Exchange regarding the submission of copies of the joint newspaper advertisement published pursuant to the order of the Hon'ble National Company Law Tribunal (NCLT) convening the meetings of the equity shareholders of Digjam Limited and the unsecured creditors of Reid & Taylor International Private Limited, according to an NSE filing dated 16 July. The company had earlier received the NCLT Chennai Bench order on 27 June approving the convening of these meetings for the proposed Scheme of Arrangement between Reid & Taylor International Private Limited (the demerged company) and Digjam Limited (the resulting company).
Events like this have historically shown a 72.0% win rate with a net edge of 1.6% across 50 comparable observations, according to Strota's base rate data for order win catalysts. This represents the historical frequency of positive outcomes following similar regulatory approvals for corporate restructuring schemes, not a forecast for this specific stock.
The company currently trades at a price-to-earnings ratio of 38.47 and a price-to-book ratio of 20.42, with a return on equity of 47.4% and earnings per share of ₹1.16. Its market capitalisation stands at ₹89.0 crore. The Nifty 50 index moved 0.11% on the session.
The filing confirms procedural progress on the demerger scheme but does not indicate shareholder approval, completion timelines, or financial terms of the arrangement. The base rate reflects historical patterns for similar catalyst types, not the probability of scheme implementation or post-merger performance.
The catalyst
Digjam Limited has informed the Exchange regarding Submission of Copies of the Joint Newspaper Advertisement Published Pursuant to the Order of the Hon'ble NCLT Convening the Meetings of the Equity Shareholders of Digjam Limited and the Unsecured Creditors of Reid & Taylor International Private Limited (filing · NSE)
What the data shows after this event
Across Strota's backtest of past filings, Order Win tends to continue — the move went bullish in about 72.0% of next sessions (net 1.6% after drift and cost, n=50). A base rate, not a forecast for this stock.
DIGJAMLMTD right now
P/E 38.47. Full DIGJAMLMTD analysis →
Sources
- Digjam Limited has informed the Exchange regarding Submission of Copies of the Joint Newspaper Advertisement Published Pursuant to the Order of the Hon'ble NCLT Convening the Meetings of the Equity Shareholders of Digjam Limited and the Unsecured Creditors of Reid & Taylor International Private Limited — NSE
- Digjam Sets NCLT-Directed Shareholder Meet on Reid & Taylor Scheme — TipRanks
- Digjam Sets Virtual Shareholder Meet to Vote on Scheme of Arrangement — TipRanks
- Price to earnings forward of Digjam Ltd. – NSE:DIGJAMLMTD — TradingView
- Digjam Gets NCLT Nod to Convene Meetings on Reid & Taylor Demerger Scheme — The Globe and Mail
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