Diginex Limited Acquires The Remedy Project

Diginex Limited has finalized its acquisition of The Remedy Project, a Hong Kong-based organization known for its expertise in labor and human rights within global supply chains. This move addresses the growing demand for human rights due diligence worldwide. Diginex issued 1 million shares as part of the acquisition and may issue another million if certain targets are met within three years.

This acquisition combines Diginex's supply chain technology with The Remedy Project's human rights expertise, enhancing the ability to manage compliance with global regulations and strengthening stakeholder trust. The move is seen as pivotal for achieving transparent and humane global operations.

The Remedy Project brings a strong track record of addressing workers' rights violations and will complement Diginex's data management capabilities, providing seamless solutions from risk identification to remediation. This collaboration aims to bolster Diginex's position in ESG management and drive social impact.