Go Digit General Insurance’s Board has approved a scheme of amalgamation with Go Digit Infoworks Services Private Limited. The merger aims to streamline the ownership structure and enhance long-term growth. Subject to shareholder and regulatory approvals, the move will simplify operations and enable better capital infusion. The share exchange ratio is set, with promoters’ stake seeing a marginal increase to 72.20% post-merger.
Merger Announcement
The Board of Directors of Go Digit General Insurance Limited has approved a scheme of amalgamation with Go Digit Infoworks Services Private Limited. This decision, made on December 19, 2025, aims to streamline corporate structure and promote long-term growth. The scheme is subject to shareholder and regulatory approvals.
Strategic Objectives
The amalgamation intends to enhance value by aligning shareholders and operating business. It seeks to support a more efficient corporate structure and position the company for scalable growth and innovation. This move is also in line with broader regulatory objectives encouraging simpler ownership within the insurance sector.
Shareholding Changes
Post-amalgamation, the Promoter’s shareholding in Go Digit will marginally increase from 72.17% to 72.20% on a fully diluted basis. This reflects a nominal increase of approximately 0.03%. The additional shares of Go Digit will be issued at ₹375.10 per share, which is at a premium to the current market price.
Share Exchange Ratio
Upon the scheme’s effectiveness, the share exchange ratios are defined as follows:
- For every 1,000 equity shares of ₹10 each in Go Digit Infoworks Services, shareholders will receive 262,589 equity shares in Go Digit General Insurance.
- For every 1,000 CCPS 1, shareholders will receive 55,925 equity shares.
- For every 1,000 CCPS 2, shareholders will receive 36,694 equity shares.
Financial Overview
Go Digit Infoworks Services Private Limited reported total assets of ₹1,08,106 Lakhs and a net worth of ₹1,07,560 Lakhs as of September 30, 2025. Go Digit General Insurance Limited reported total assets of ₹23,28,963 Lakhs and a net worth of ₹4,29,016 Lakhs as of September 30, 2025.
Source: BSE