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Digilife Technologies Shifts Financial Year End to Align With Indian Subsidiary

Story Highlights
  • Digilife Technologies will change its financial year end from December to March.
  • The calendar shift aligns with Indian subsidiary Brimax and should enhance reporting consistency without harming operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Digilife Technologies Shifts Financial Year End to Align With Indian Subsidiary

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Digilife Technologies Limited ( (SG:BAI) ) has provided an announcement.

Digilife Technologies Limited has changed its financial year end from 31 December to 31 March, meaning its next audited financial statements will cover a 15‑month period from 1 January 2025 to 31 March 2026. The shift aligns the parent company’s reporting calendar with that of its newly acquired Indian manufacturing subsidiary, Brimax AAC Products LLP, and is intended to improve uniformity, comparability, and efficiency in group financial reporting and controls; the board does not expect any material adverse impact on the group’s financial position or operations from the move.

The most recent analyst rating on (SG:BAI) stock is a Sell with a S$0.50 price target. To see the full list of analyst forecasts on Digilife Technologies Limited stock, see the SG:BAI Stock Forecast page.

More about Digilife Technologies Limited

Digilife Technologies Limited is a Singapore-incorporated holding company whose group operations now include Brimax AAC Products LLP, an India-based manufacturing business. The group’s activities span manufacturing within the Indian market, and its financial reporting is structured around consolidating results from its various subsidiaries.

YTD Price Performance: -20.18%

Average Trading Volume: 2,768

Technical Sentiment Signal: Sell

Current Market Cap: S$11.76M

Find detailed analytics on BAI stock on TipRanks’ Stock Analysis page.

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