NSENews Verification29 Jul 2026 · 29 Jul 2026, 03:03 pm

News Verification

Go Digit General Insurance Limited · GODIGIT

✦ AI SummaryM&A

Go Digit General Insurance Limited has confirmed that the Competition Commission of India has approved the proposed Scheme of Amalgamation amongst Go Digit Infoworks Services Private Limited with Go Digit General Insurance Limited and their respective shareholders. The Company has complied with and shall continue to comply with the disclosure requirements prescribed under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable laws.

Analysis Scores

Earnings Impact5/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment6/10

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Full Announcement

The Exchange has sought clarification from Go Digit General Insurance Limited with respect to recent news item captioned CCI clears Go Digit Infoworks merger with insurer; Fairfax entity to hold 57.28% stake. The response from the Company is attached.

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GODIGITGI_29072026150100_NSE_Response.pdf

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29 July 2026 The Deputy Manager (Listing) National Stock Exchange of India Limited, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (East), Mumbai- 400 051 NSE Symbol: GODIGIT Re: Go Digit General Insurance Limited (“GDGIL” or “The Company”) ISIN: INE03JT01014 Sub.: Response to letter (Ref: NSE/CM/Surveillance/17312) dated 29 July 2026 Clarification /Confirmation on news item appearing in “Media/Publication” Dear Sir/Madam(s), In connection with the letter referred above, we hereby submit the following: List of observation, query, information or documents No Response requested 1 Whether such The Company confirms that the negotiations/events were taking Competition Commission of India (“CCI”) place? If so, you are advised to has approved the proposed Scheme of provide the said information Amalgamation amongst Go Digit Infoworks along with the sequence of Services Private Limited with Go Digit events in chronological order General Insurance Limited and their from the start of respective shareholders (“Scheme”) on negotiations/events till date. July 28, 2026. The Company became aware of the approval granted by the Competition Commission of India ('CCI') upon receipt of the communication from CCI on July 28, 2026. The Company has complied with and shall continue to comply with the disclosure requirements prescribed under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable laws The proposed Scheme remains subject to receipt of other requisite statutory and regulatory approvals, including approval of the Hon’ble National Company Law Go Digit General Insurance Limited | Registered Office: 1 to 6 Floors, Ananta One (AR One), Pride Hotel Lane, Narveer Tanaji Wadi, City Survey No. 1579, Shivajinagar Pune - 411005 Maharashtra | CIN: L66010PN2016PLC167410 | IRDAI Reg. No: 158 Website www.godigit.com Email Id: hello@godigit.com Toll free 1800-258-5956 List of observation, query, information or documents No Response requested Tribunal, Insurance Regulatory and Development Authority of India (“IRDAI”) and such other approvals as may be applicable. The Company has, from time to time, made necessary disclosures to the Stock Exchanges in relation to the Scheme, as required under applicable laws. The sequence of key events is as under: a) The Board of Directors of the Company approved the proposed Scheme at its meeting held on December 19, 2025. b) The Company thereafter made the necessary intimations / filings with the Stock Exchanges on December 19, 2025 c) Receipt of ‘No observations letters’ from Stock Exchanges on 22 April 2026, respectively. d) The Company thereafter made the necessary intimations / filings with the Stock Exchanges on April 23, 2026. e) The Company filed the requisite notice with CCI in relation to the proposed Scheme on May 12, 2026. f) CCI approved the proposed Scheme on July 28, 2026. The proposed amalgamation has been undertaken pursuant to the Scheme approved by the Board of Directors and disclosed to the stock exchanges from time to time. Accordingly, the events referred to in the news item relate to a transaction that has been publicly disclosed and for which requisite regulatory processes are being undertaken in the ordinary course. g) Whether you/company are aware We further confirm that, apart from the of any information that has not information already disclosed / being been announced to the clarified herein, the Company is not aware Go Digit General Insurance Limited | Registered Office: 1 to 6 Floors, Ananta One (AR One), Pride Hotel Lane, Narveer Tanaji Wadi, City Survey No. 1579, Shivajinagar Pune - 411005 Maharashtra | CIN: L66010PN2016PLC167410 | IRDAI Reg. No: 158 Website www.godigit.com Email Id: hello@godigit.com Toll free 1800-258-5956 List of observation, query, information or documents No Response requested Exchanges which could explain of any information that has not been the movement in the trading, if announced to the Stock Exchanges which any? Further, you are advised to could explain any movement in the trading, provide the said information and if any, in the securities of the Company. the reasons for not disclosing the same to the Exchange earlier as The news article is factually correct to the required under regulation 30 of extent reported that CCI has approved the the SEBI (LODR) Regulations, proposed Scheme. However, the proposed 2015. Scheme will continue to remain subject to receipt of various statutory and regulatory approvals, including approval of the Hon'ble National Company Law Tribunal and IRDAI, and shall become effective only upon satisfaction of all applicable conditions and receipt of approvals. h) The material impact of this article The CCI approval, by itself, does not have on the Company. any material operational or financial impact on the Company. Any impact of the Scheme, if any, will arise only upon the Scheme becoming effective in accordance with its terms and after receipt of all requisite approvals. The Company has complied with and shall continue to comply with the disclosure requirements prescribed under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable laws. Please do write to the undersigned, if you need any information / details, in this regard. Thanking you, Yours truly, For Go Digit General Insurance Limited Tejas Saraf Company Secretary & Compliance Officer Go Digit General Insurance Limited | Registered Office: 1 to 6 Floors, Ananta One (AR One), Pride Hotel Lane, Narveer Tanaji Wadi, City Survey No. 1579, Shivajinagar Pune - 411005 Maharashtra | CIN: L66010PN2016PLC167410 | IRDAI Reg. No: 158 Website www.godigit.com Email Id: hello@godigit.com Toll free 1800-258-5956