The corporate entity formerly known as Diginex, which last operated under the EQONEX brand, remains entangled in a multifaceted liquidation process. With its core operational business effectively dissolved, there is no traditional enterprise left to value. For remaining shareholders and creditors, the focus has narrowed exclusively to the specifics of the court-supervised administration and the decisions made by the appointed officials overseeing the dissolution.
The company’s shares were delisted from major exchanges, including the Nasdaq, in 2022, halting normal price discovery through market mechanisms. This development reflects broader turbulence within the digital asset sector, which has seen numerous providers exit the market…