Go Digit General Insurance Limited — JV/Acquisition, 14-08-2026: Amalgamation/Merger

Go Digit General Insurance is merging with its promoter, Go Digit Infoworks Services. This strategic move aims to simplify the corporate structure, reduce administrative costs, and enhance access to capital for growth, aligning with regulatory goals for leaner insurance holding structures. Go Digit Infoworks shareholders will receive Go Digit General Insurance shares: 262.59 equity shares for every 1,000 Infoworks equity shares. Preference shareholders also get Go Digit General Insurance shares (55.93 or 36.69 shares for every 1,000 preference shares). This consolidation offers direct ownership and potential value creation for shareholders. NCLT has approved the first stage, directing Go Digit General Insurance to hold a shareholder meeting within 90 days. Final approvals from IRDAI and shareholders are pending.