Digilogic Systems Ltd announced that the Regional Director has set aside prior adjudication orders from ROC, Hyderabad. This decision nullifies approximately ₹12.73 Crore in original penalties and absolves the company and its directors of all demands and liabilities. The matter is now fully resolved in the company's favor with no operational impact.
Digilogic Systems Ltd received three Adjudication Orders from ROC Hyderabad imposing penalties totaling approximately ₹9.47 Crore on the company and its directors. The penalties relate to procedural lapses in three private placements during FY 2024-25. The company intends to challenge these orders before the Regional Director and currently reports no immediate financial impact.