# Diginex Shareholders Approve All-Stock Acquisition of Resulticks

- URL: https://stocks.freetheai.org/news/diginex-shareholders-approve-all-stock-acquisition-of-resulticks-ae117d
- Published: 2026-10-13T12:00:00Z
- Category: mergers; sentiment: mixed; impact: high
- Symbols: [NASDAQ:DGNX](https://stocks.freetheai.org/symbols/NASDAQ-DGNX)
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Investors in Diginex Limited (NASDAQ:DGNX) approved all proposed resolutions for acquiring Resulticks Global Companies Pte. Limited during an extraordinary meeting. About 98.8% of cast votes supported the transaction. Under the approved terms, Diginex will issue 600 million new ordinary shares to Resulticks owners, leading to a change of control alongside a ten-for-one share consolidation.

The deal merges Diginex's sustainability and regulatory data systems with Resulticks' artificial intelligence platform for customer engagement. Resulticks generated 150 million USD in revenue for fiscal year 2025. Following completion, Resulticks Chief Executive Officer Redickaa Subrammanian will become CEO of the combined company, while Miles Pelham will step down as Diginex Chairman.

Completion remains subject to customary closing steps, including initial listing authorization from Nasdaq and meeting specific funding conditions. The ten-for-one share consolidation will take effect when the deal closes, with shares continuing to trade normally under ticker DGNX until then.

## Key points

- Diginex shareholders approved acquiring Resulticks with 98.8% of present votes cast in favor.
- The all-stock deal involves issuing 600 million new shares and executing a ten-for-one share consolidation.
- Resulticks reported 150 million USD in revenue for fiscal year 2025.
- Resulticks CEO Redickaa Subrammanian will lead the combined business once the transaction closes.
- The merger still requires approval for Nasdaq listing alongside satisfying remaining closing conditions.

## Questions and answers

### What did Diginex shareholders approve regarding Resulticks?

Shareholders approved the acquisition of Resulticks, including issuing 600 million new shares, a change of control, an increase in authorized capital, and a ten-for-one share consolidation.

### Who will lead the combined Diginex and Resulticks company?

Redickaa Subrammanian, co-founder and chief executive officer of Resulticks, will serve as chief executive officer of the combined entity upon completion. Miles Pelham will step down as chairman.

### What conditions remain before the Diginex acquisition closes?

Closing depends on receiving initial listing approval from Nasdaq, securing necessary regulatory and third-party consents, and satisfying previously stated funding conditions.