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Go Digit Board Clears Merger of Tech Arm Go Digit Infoworks with Listed Insurer

Story Highlights
  • Go Digit General Insurance will amalgamate Go Digit Infoworks Services into the listed insurer, pending regulatory and stakeholder approvals.
  • The related-party merger, requiring majority public shareholder approval, aims to streamline group structure and integrate technology and insurance operations.
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Go Digit Board Clears Merger of Tech Arm Go Digit Infoworks with Listed Insurer

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Go Digit General Insurance Limited ( (IN:GODIGIT) ) has shared an announcement.

Go Digit General Insurance Limited has approved a scheme of amalgamation to merge its group entity, Go Digit Infoworks Services Private Limited, into the listed insurer, subject to a series of regulatory and stakeholder approvals. The transaction, classified as a related-party deal involving the company’s promoter and requiring a majority approval from public shareholders, is expected to further integrate the group’s insurance and technology operations, potentially streamlining its corporate structure and strengthening its balance sheet, with the transferor company bringing assets of about ₹1,08,106 lakh and the insurer itself standing at total assets of ₹23,28,963 lakh as of 30 September 2025.

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 in India. The company operates under IRDAI registration and is listed on both BSE and NSE, focusing on retail and commercial insurance solutions supported by in-house technology services through its group entities.

Average Trading Volume: 12,481

Technical Sentiment Signal: Hold

Current Market Cap: 321.3B INR

See more insights into GODIGIT stock on TipRanks’ Stock Analysis page.

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