Go Digit General Insurance Achieves ‘No Adverse Observations’ for Amalgamation Scheme

Go Digit General Insurance Achieves ‘No Adverse Observations’ for Amalgamation Scheme​

Go Digit General Insurance Limited has received 'no adverse observations' from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) regarding its proposed Scheme of Amalgamation. The confirmations pave the way for the company to file the Scheme with the National Company Law Tribunal (NCLT).

The amalgamation involves Go Digit General Insurance Limited (GDGIL) and Go Digit Infoworks Services Private Limited (GDISPL) and their respective shareholders.

In a continuous update regarding the Scheme, the Company announced receiving observation letters from both BSE and NSE, dated April 22, 2026. These letters cleared the proposed arrangement, contingent upon the Company adhering to all stipulated conditions.

The Company plans to proceed with filing the Scheme with the NCLT and affirms that it will comply with every condition detailed in the observation letters received from the exchanges.

The key regulatory acknowledgements for the Scheme of Amalgamation are summarized below:


The observation letters specify several operational requirements that must be met by the Company, including ensuring the disclosure of all details regarding ongoing adjudication, recovery proceedings, and prosecution initiated against the Company, its promoters, and directors before the NCLT and shareholders.

The Company must also adhere to the following critical stipulations set by the exchanges:

• All additional information submitted to the exchanges must be displayed on the Company's and the exchanges' websites.
• Financials used in the Scheme, including those considered for the valuation report, must not be for a period more than six months old.
• The details of the proposed scheme must be prominently disclosed in the notice sent to the shareholders.
• The proposed equity shares issued under the Scheme must be mandatorily in demat form only.

By proceeding with these milestones, Go Digit General Insurance Limited moves closer to completing the Scheme of Amalgamation between GDISPL and GDIGIL. The Company confirmed that these observation letters can be found on its website.

GODIGIT Stock Price Movement​

Shares of Go Digit General Insurance Limited today slipped by 0.53% to settle at ₹319.95. The stock finished lower from its previous close of ₹321.7, with total trading volume recorded at 224,199 shares.