Diginex Limited (NASDAQ: DGNX) will convene an Extraordinary General Meeting on April 13, 2026 to seek shareholder approval for a significant change to its capital structure. The Board has resolved to increase the authorized ordinary share count to 3,960,000,000 by issuing an additional 3,000,000,000 ordinary shares, and to implement an 8‑for‑1 reverse split that will consolidate every eight existing ordinary shares into one new share.
The reverse split reverses a 1‑for‑8 bonus share split that occurred in September 2025, and is intended to lift the company’s share price above Nasdaq’s $1.00 minimum bid‑price requirement. Diginex received a compliance letter on March 23, 2026 and has until September 21, 2026 to regain compliance. The share consolidation will not alter the proportionate ownership of existing shareholders, as fractional shares will be rounded up.
Financially, Diginex reported revenue of $2.04 million for the fiscal year ended March 31, 2025, a 57.03% increase from the prior year, while posting a net loss of $5.21 million. The company has pursued acquisitions—including Matter DK ApS and a proposed acquisition of Resulticks—to expand its sustainability RegTech platform, and it plans to use the increased capital flexibility to support future M&A and platform development initiatives.
The capital increase provides Diginex with a larger authorized share base, giving it the ability to issue shares for acquisitions, strategic investments, or other corporate purposes without requiring additional shareholder approval. The reverse split is a common mechanism to improve liquidity and investor perception, and it signals the company’s commitment to meeting regulatory standards while maintaining shareholder value.
Shareholders will vote on the proposed changes at the April 13 meeting. If approved, the share consolidation will take effect immediately, and the share increase will be implemented in accordance with the Board’s resolution. The company’s management has emphasized that the changes are a proactive step to ensure continued Nasdaq listing and to position Diginex for future growth opportunities.
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