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DGNX-News
DGNX-Events
Diginex Shareholders Approve Acquisition of Resulticks
Diginex announced that its shareholders have approved all of the proposals submitted at Diginex's Extraordinary General Meeting held on October 8 in connection with the company's proposed acquisition of Resulticks Global Companies. The Diginex shareholders approved, among other things, the Amended and Restated Sale and Purchase Agreement, dated August 14, between Diginex and the shareholders of Resulticks, the issuance of 600,000,000 new Diginex ordinary shares, which will be adjusted for the ten-for-one share consolidation, to the sellers as consideration, the resulting change of control, an increase in the company's authorized share capital, and a ten-for-one share consolidation of the company's ordinary shares. With approximately 98.8% of votes present at the meeting cast in favor of the transaction, Diginex and Resulticks are focused on satisfying the remaining closing conditions, including Nasdaq approval of the combined company's initial listing application. Resulticks reported revenue of $150M for FY2025. Upon completion of the transaction, Redickaa Subrammanian, co-Founder and CEO of Resulticks, will be appointed CEO of the combined company, Miles Pelham will step down as chairman, and the board of directors will be reconstituted with new directors designated by Resulticks' shareholders.
Diginex Launches Enhanced Supply Chain Due Diligence Platform
Diginex announced the launch of an enhanced end-to-end supply chain due diligence platform that gives companies one continuous view of risk, action and outcomes across their supply chains. The launch comes as companies face growing expectations to understand and manage risks deeper within increasingly complex supply chains.
Diginex CEO Lubomila Jordanova Resigns, Archana Kotecha Appointed Interim CEO
Diginex announced that Lubomila Jordanova decided to step down as CEO and from the board of directors, effective August 31. The board of directors has appointed Diginex's chief impact officer, Archana Kotecha, as interim CEO, effective immediately. Jordanova was appointed CEO of Diginex in January, having previously founded and led Plan A.earth, the European carbon accounting and decarbonization platform acquired by Diginex earlier that same month. Diginex also announced that Jacob Friedman will be stepping down as COO, and Gray Bridges will assume the role of interim CTO.
Diginex Updates on Resulticks Acquisition Progress
Diginex Limited announced an update regarding its previously disclosed proposed acquisition of Resulticks Global Companies Pte. Limited. Diginex and Resulticks remain actively engaged in the final stages of completing transaction documentation and are working diligently to finalize all remaining details. The company expects to issue a further market update upon the formal execution of definitive documentation. There can be no assurance as to the precise timing of execution or that the proposed transaction will be completed on the terms previously announced, or at all.
Diginex Ltd Trading Halted, News Pending
Diginex Ltd trading halted, news pending
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