DIGJAM LIMITED — Major Shareholding Notification 2023

Mar 20, 2023

DIGJAM LIMITED

Secretarial Department: Aerodrome Road, Jamnagar – 361 006, India. Tel.: +91 (0288) 2712972-73 E-mail: cosec@digjam.co.in

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March 20, 2023

BSE Ltd. National Stock Exchange of India Ltd. Corporate Relationship Department, Listing Department, 1[st] Floor, New Trading Ring, ‘Exchange Plaza’, C/1, Block G, Rotunda Building, P.J. Towers, Bandra-Kurla Complex, Dalal Street, Fort, Bandra (E), Mumbai 400 001 Mumbai 400 051 Code No. 539979 Symbol “DIGJAMLMTD”

Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the SEBI (LODR) ” – - Regulations ) Voting Rights on Preference Shares pursuant to Second Proviso to sub section (2) of Section 47 of the Companies Act, 2013

Dear Sir / Madam,

Pursuant to Regulation 30 and other applicable Regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the SEBI (LODR) Regulations”), This is to inform you that 27,00,000 - 7% Cumulative, Non-Convertible Redeemable Preference Shares of Rs. 100/- each aggregating to Rs. 27,00,00,000/- which were allotted to Finquest Financial Solutions Private Limited (‘FFSPL’) by the Board of Directors of the Digjam Limited on March 19, 2021 have now acquired 2,70,00,000 Voting Rights by operation of the Second Proviso to sub-section (2) of Section 47 of the Companies Act, 2013 for non-payment of dividend for period of 2 years.

It may be noted that FFSPL is the sole Promoter of the Company and is holding 1,80,00,000 Equity Shares of Rs. 10/- each (90% of the present paid-up Equity Share Capital). Consequently, after acquiring 2,70,00,000 voting rights on 27,00,000 - 7% Cumulative, Non-Convertible Redeemable Preference Shares in terms of 2nd proviso to sub-section (2) of Section 47 of the Companies Act, 2013 the Voting Rights of FFSPL will increase to 4,50,00,000 i.e. 95.74% of the aggregate paid-up Equity and Preference Share Capital of the Company.

This is for your information and record.

Thanking you,

Yours faithfully, For DIGJAM Limited

PUNIT Digitally signed by PUNIT AMARPALSINGH AMARPALSI BAJAJ Date: 2023.03.20 NGH BAJAJ 20:16:55 +05'30' (Punit A Bajaj) Company Secretary & Compliance Officer

Registered Office: Aerodrome Road, Jamnagar 361 006, Gujarat, India Tel: +91-288-2712972; e-mail: cosec@digjam.co.in; CIN: L17123GJ2015PLC083569; www.digjam.co.in