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Diginex (NASDAQ: DGNX) closes Remedy Project acquisition with earnout

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Rhea-AI Filing Summary

Diginex Limited has completed the acquisition of Hong Kong-based ESG and human-rights advisory firm The Remedy Project Limited. Diginex acquired 100% of The Remedy Project’s shares from founder Archana Kotecha in exchange for 1,000,000 Diginex ordinary shares valued at $3,790,000, or $3.79 per share, plus a commitment to issue up to an additional 1,000,000 earnout shares over three years if agreed operating and earnout targets are met.

The earnout is structured in four tranches of 250,000 shares each. The first tranche is scheduled for March 27, 2026 and the second 18 months after closing, each dependent on the seller not terminating her Diginex employment before the relevant date. The third and fourth tranches require the company to achieve adjusted EBITDA of $4.1 million for the year ending March 31, 2028 and $8.2 million for the year ending March 31, 2029, respectively.

The Remedy Project will be integrated into Diginex’s sustainability RegTech offering, combining Diginex’s AI-powered supply chain platforms with The Remedy Project’s expertise in labor rights, grievance mechanisms, and remediation to support clients’ human-rights due diligence and compliance with evolving global regulations.

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Insights

Diginex closes a share-based acquisition with performance-linked earnout in ESG advisory.

Diginex has closed the purchase of The Remedy Project using equity rather than cash, issuing 1,000,000 ordinary shares valued at $3,790,000. The structure adds up to 1,000,000 additional shares as an earnout over three years, aligning part of the consideration with operating and financial performance, including adjusted EBITDA targets of $4.1 million for the year ending March 31, 2028 and $8.2 million for the year ending March 31, 2029.

Strategically, the deal deepens Diginex’s position in ESG and human-rights compliance by combining its supply chain technology platforms with Remedy’s advisory expertise in grievance mechanisms, forced labor, and remediation. The appointment of founder Archana Kotecha as Head of Advisory, with two earnout tranches conditioned on her continued employment, ties leadership retention to value realization.

The impact will depend on integration execution and the company’s ability to reach the specified adjusted EBITDA thresholds. If those targets are met, all four tranches of 250,000 shares each could be issued, increasing the equity component of the transaction and reinforcing the shift toward more comprehensive, remediation-focused ESG solutions within Diginex’s offering.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of January 2026

 

Commission File Number: 001-42459

 

DIGINEX LIMITED

(Exact name of Registrant as specified in its charter)

 

Not Applicable

(Translation of registrant’s name into English)

 

25 Wilton Road, Victoria

London

Greater London

SW1V 1LW

United Kingdom

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

 

 

 

 

 

The Remedy Project Transaction

 

On January 8, 2026, Diginex Limited (“Diginex”) announced the closing of its acquisition of The Remedy Project Limited (the “Remedy Project”), a Hong Kong based ESG advisory company, pursuant to a share purchase agreement, dated December 17, 2025 (the “SPA”). Diginex acquired 100% of the issued shares (the “Remedy Shares”) of the Remedy Project from Archana Kotecha (the “Seller”) in exchange for issuance to the Seller of 1,000,000 Diginex ordinary shares valued at $3,790,000 or $ 3.79 per share; and the commitment to issue the Seller up to an additional 1,000,000 Diginex ordinary shares (the “Earn Out Shares”), provided certain operating and earnout targets, set forth in the SPA are met over the next three years (the “Acquisition”). Pursuant to the SPA, Archana Kotecha, the Founder and CEO of the Remedy Project, will be hired by Diginex as the Head of Advisory, pursuant to a written agreement.

 

Diginex shall issue the Earn Out Shares in four tranches as follows:

 

Tranches of Earn Out Shares

 

Number of Consideration Shares

 

Issue Date of Consideration Shares

First  250,000  March 27, 2026(1)
Second  250,000 

The 18th month after the Closing Date(1)

Third  250,000  As per Schedule 3.8.1(2)
Fourth  250,000  As per Schedule 3.8.1(3)

 

(1) The issuance of the First and Second Tranches of the Earn Out Shares shall be subject to and dependent on the Seller not terminating her employment by Diginex prior to the relevant Issue Date in violation of Seller’s employment agreement.

 

(2) The Third Tranche shall be issuable if the Company achieves adjusted EBITDA for the year ending March 31, 2028 of USD 4.1 million, as defined in the SPA.

 

(3) The Fourth Tranche shall be issuable if the Company achieves adjusted EBITDA for the year ending March 31, 2029 of USD 8.2 million, as defined in the SPA.

 

This Acquisition combines Diginex’s advanced supply chain technology with the Remedy Project’s deep expertise in operational-level grievance mechanisms and worker rights, creating a comprehensive ecosystem for businesses to achieve resilient, ethical operations. The Acquisition will align Diginex’s innovative tools, such as diginexLUMEN for supply chain risk assessment and diginexAPPRISE for proactive worker engagement, with the Remedy Project’s proven advisory services in human rights due diligence, capacity building, and data-driven insights. Together, these synergies will enable companies to not only identify and monitor human rights risks, but also to implement effective remediation strategies, enable compliance with evolving global regulations like the EU Corporate Sustainability Due Diligence Directive and enhance stakeholder trust.

 

The Remedy Project is a pioneering organization specializing in data-driven human rights risk assessment and worker-centered remediation protocols dedicated to driving system-level change that safeguards worker rights and ensures access to effective remedy across global supply chains, with particular expertise in forced labor, migrant worker protections, and operational-level grievance mechanisms. The proposed acquisition will combine Diginex’s AI-powered platforms with the Remedy Project’s proven expertise in operational-level grievance mechanisms, forced labor remediation frameworks, and access-to-remedy programs. We believe this powerful combined solution will enable enterprises to move beyond risk identification to deliver effective, scalable, and victim-centered remedies in situations where labor rights violations occur.

 

On January 8, 2026, the Company issued a press release announcing the closing of the Acquisition, a copy of which is attached hereto as Exhibit 99.1

 

Exhibits

 

Exhibit No.   Description
99.1  

Press Release, dated January 8, 2026

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  DIGINEX LIMITED
     
Date: January 14, 2026   /s/ Mark Blick
  Name:  Mark Blick
  Title: Chief Executive Officer
    (Principal Executive Officer)

 

 

 

 

Exhibit 99.1

 

Diginex Completes Acquisition of The Remedy Project Amid Growing Global Demand for Human Rights Due Diligence in Supply Chains

 

London – January 8, 2026 – Diginex Limited (NASDAQ: DGNX), (“Diginex” or the “Company”), a leading provider of Sustainability RegTech solutions, today announced the successful closing of its acquisition of The Remedy Project Limited (“The Remedy Project”), a Hong Kong based advisory and research organization specializing in labor and human rights in global supply chains, with recognized expertise in human rights due diligence, grievance mechanisms, and remediation. As consideration for the acquisition Diginex issued the sole shareholder of The Remedy Project 1,000,000 shares of Diginex ordinary shares and committed to issue up to an additional 1,000,000 shares of Diginex ordinary shares, provided certain operating and earnout targets are met over the next three years. This strategic move combines Diginex’s advanced supply chain technology with The Remedy Project’s deep expertise in operational-level grievance mechanisms and worker rights, creating a comprehensive ecosystem for businesses to achieve resilient, ethical operations.

 

The acquisition will align Diginex’s innovative tools—such as diginexLUMEN for supply chain risk assessment and diginexAPPRISE for proactive worker engagement—with The Remedy Project’s proven advisory services in human rights due diligence, capacity building, and data-driven insights. Together, these synergies will enable companies to not only identify and monitor human rights risks, but also to implement effective remediation strategies, enable compliance with evolving global regulations like the EU Corporate Sustainability Due Diligence Directive and enhance stakeholder trust.

 

“Completing this acquisition marks a pivotal step in our mission to empower businesses with actionable sustainability solutions,” said Mark Blick, CEO of Diginex. “By integrating The Remedy Project’s specialized knowledge in human rights governance, we can amplify the impact of our supply chain platforms, helping clients build more transparent, accountable, and humane global operations,” continued Mr. Blick.

 

The Remedy Project, founded to address workers’ rights violations through collaborative frameworks, brings a track record of partnering with companies, governments, and civil society to foster sustainable labor practices. Its expertise in uncovering risks and developing remedial strategies complements Diginex’s data management and reporting capabilities, allowing for seamless end-to-end solutions—from risk identification and disclosure to ongoing improvement.

 

This union strengthens Diginex’s leadership in supply chain compliance, equipping clients with more advanced, scalable tools to manage complex ESG requirements while accelerating measurable social impact across global operations

 

About Diginex

 

Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software.

 

The award-winning diginexESG platform supports 19 global frameworks, including GRI (the “Global Reporting Initiative”), SASB (the “Sustainability Accounting Standards Board”), and TCFD (the “Task Force on Climate-related Financial Disclosures”). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.

 

For more information, please visit the Company’s website:

 

https://www.diginex.com/.

 

 

 

 

About The Remedy Project

 

Founded in 2020, The Remedy Project is a Hong Kong-based social enterprise providing advisory, and capacity building services on labor and human rights in global supply chains. The organization works with companies, governments, multilaterals, and civil society to strengthen human rights due diligence, design and evaluate grievance mechanisms, and support effective remediation and access to remedy for workers, particularly in high-risk sectors and geographies across Asia.

The Remedy Project is recognised for its rights-holder-centred and gender-responsive approaches, deep regional expertise, and contribution to global standard-setting and industry initiatives.

 

For more information, please visit the Company’s website:

 

https://www.remedyproject.co/

 

Forward-Looking Statements

 

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company’s filings with the SEC.

 

Diginex

 

Investor Relations

Email: ir@diginex.com

 

IR Contact - Europe

 

Anna Höffken

Phone: +49.40.609186.0

Email: diginex@kirchhoff.de

 

IR Contact - US

 

Jackson Lin

Lambert by LLYC

Phone: +1 (646) 717-4593

Email: jian.lin@llyc.global

 

 

 

FAQ

What did Diginex (DGNX) acquire in the January 2026 transaction?

Diginex acquired 100% of the issued shares of The Remedy Project Limited, a Hong Kong-based advisory and research organization specializing in labor and human rights in global supply chains.

How much did Diginex (DGNX) pay for The Remedy Project and in what form?

As consideration, Diginex issued the sole shareholder of The Remedy Project 1,000,000 Diginex ordinary shares valued at $3,790,000, or $3.79 per share, and committed to issue up to an additional 1,000,000 ordinary shares as earnout.

How is the earnout for The Remedy Project acquisition by Diginex (DGNX) structured?

The earnout comprises up to 1,000,000 Diginex shares in four tranches of 250,000 shares each. The first is scheduled for March 27, 2026 and the second 18 months after closing, both dependent on the seller not prematurely terminating her employment, while the third and fourth depend on achieving adjusted EBITDA of $4.1 million for the year ending March 31, 2028 and $8.2 million for the year ending March 31, 2029, respectively.

What role will The Remedy Project’s founder have at Diginex (DGNX)?

Under the share purchase agreement, Archana Kotecha, founder and CEO of The Remedy Project, will be hired by Diginex as Head of Advisory pursuant to a written agreement.

How does the Remedy Project acquisition support Diginex’s ESG and supply chain offerings?

The transaction combines Diginex’s tools such as diginexLUMEN and diginexAPPRISE with The Remedy Project’s expertise in human-rights due diligence, grievance mechanisms, and remediation, helping clients identify, monitor, and remediate labor and human-rights risks and support compliance with evolving global regulations like the EU Corporate Sustainability Due Diligence Directive.

What markets and issues does The Remedy Project focus on within Diginex’s new structure?

The Remedy Project focuses on forced labor, migrant worker protections, and operational-level grievance mechanisms across global supply chains, with strong emphasis on high-risk sectors and geographies across Asia.
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