Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Go Digit General Insurance Limited ( (IN:GODIGIT) ) just unveiled an announcement.
Go Digit General Insurance Limited’s board has approved a scheme of amalgamation to merge its group entity, Go Digit Infoworks Services Private Limited, into the listed insurer under Sections 230–232 of the Companies Act, 2013. The related-party transaction, which involves the company’s promoter and therefore requires the approval of a majority of public shareholders, remains subject to clearances from the National Company Law Tribunal, stock exchanges, SEBI, IRDAI, the Competition Commission of India and other regulators, and is expected to streamline group structure and operations by integrating the relatively smaller Infoworks unit (with assets of about ₹1,08,106 lakh versus GDGIL’s ₹23,28,963 lakh as of September 30, 2025) directly into the core insurance business.
More about Go Digit General Insurance Limited
Go Digit General Insurance Limited is a Pune-headquartered general insurer offering a range of non-life insurance products and services across India. The company operates under IRDAI registration and is listed on both BSE and NSE, focusing on retail and commercial insurance solutions supported by its in-house service and technology capabilities through group entities such as Go Digit Infoworks Services Private Limited.
Average Trading Volume: 12,481
Technical Sentiment Signal: Hold
Current Market Cap: 321.3B INR
Find detailed analytics on GODIGIT stock on TipRanks’ Stock Analysis page.