Digjam informs about updates on scheme of amalgamation

With reference to the earlier letter dated February 10, 2016, Digjam has now informed that the Honble High Court of Gujarat vide its Oral Judgement has on February 17, 2016 sanctioned the Scheme of Amalgamation between Digjam and Digjam Textiles (the wholly owned subsidiary) and their respective Creditors and Shareholders u/s 391 to 394 of the Companies Act, 1956 and applicable provisions of the Companies Act, 2013, if any, and necessary application is being made to the Honble High Court of Gujarat for the certified copy of the said Order.

The above information is a part of company’s filings submitted to BSE.