Go Digit General Insurance Limited has accepted the resignation of its Independent Director, Mr. Giridhar Aramane. The resignation, effective September 10, 2026, is attributed to Mr. Aramane’s increased responsibilities following his appointment as Chairman and Managing Director of Unitech Limited. This change is an outcome of a Supreme Court order and a subsequent Ministry of Corporate Affairs directive. Details of Mr. Aramane’s other directorships are provided as per regulatory requirements.
Director Resignation Announced
Go Digit General Insurance Limited announced today, September 10, 2026, that Mr. Giridhar Aramane has resigned from his position as an Independent Director. The resignation is effective from the close of business hours on the same day.
Reason for Resignation
Mr. Aramane’s decision stems from his recent appointment as the Chairman and Managing Director of Unitech Limited. This new role, following an order from the Hon’ble Supreme Court of India dated August 17, 2026, and a consequential order from the Ministry of Corporate Affairs on August 19, 2026, entails significant increased responsibilities and time commitments. Mr. Aramane stated that these commitments necessitate his stepping down from the Board of Go Digit General Insurance Limited to dedicate the requisite attention to his new assignment.
Regulatory Disclosure and Directorships
As per the requirements of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details pertaining to this change have been disclosed. Mr. Aramane has confirmed that there are no other material reasons for his resignation beyond those stated. A detailed list of his directorships and committee positions in other listed entities, including his roles at Cyient DLM Limited (Independent Director, Nomination and Remuneration Committee Member), Axiscades Technologies Limited (Independent Director, Audit Committee Chairman, Nomination and Remuneration Committee Member), and Unitech Limited (Chairman and Managing Director), is provided in Annexure-A.
Company Website Update
The information regarding this resignation will be made available on the company’s website at https://www.godigit.com/investor-relations.
Source: BSE