| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Diginex Limited (NASDAQ:DGNX) stock jumped Monday after the sustainability tech firm moved to acquire The Remedy Project, a deal that positions the company at the center of tightening global human-rights rules.
The planned acquisition would merge Diginex's AI-driven compliance tools with Remedy's on-the-ground grievance and remediation systems, giving enterprises a unified platform to meet fast-approaching due diligence mandates and escalating demand for credible, worker-centered solutions.
The 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.
Also Read: Diginex Bets On Human Rights Tech Boom With Remedy Project MOU
The acquisition comes at a pivotal moment for the transparency and remediation sector.
New mandatory human rights and environmental due diligence laws– such as Corporate Sustainability Due Diligence Directive (CSDDD or CS3D) – explicitly require companies to establish effective grievance mechanisms and provide or enable Remedy when adverse impacts occur.
According to industry analysts, the global market for supply chain sustainability and due diligence software is experiencing growth, with Verdantix forecasting the supply chain sustainability software segment alone to exceed $7 billion by 2029 (up from $1.7 billion in 2023) at a 29% CAGR, primarily driven by regulatory pressure and demand for robust remediation capabilities.
Archana Kotecha will join the Diginex Executive Team and focus on remedy innovation and global relationships with corporations and governments worldwide. The acquisition is expected to close within the next 45 days.
Price Action: DGNX stock was trading higher by 11.55% to $13.52 at last check Monday.
Read Next:
Photo by T. Schneider via Shutterstock
Posted In: DGNX
