Go Digit General Insurance Board Approves Financial Results, Appoints New Directors

Go Digit General Insurance has announced the approval of its unaudited financial results for Q2 FY26. The board also appointed Giridhar Aramane as an Additional Non-Executive Independent Director and Michael Wallace as an Additional Non-Executive Director. The meeting, held on October 28, 2025, saw discussions on financial performance and leadership changes within the company, as well as limited review report from statutory auditors.

Financial Performance Approved

The Board of Directors has approved the unaudited financial results for the quarter and half-year ended September 30, 2025 (Q2 FY26), following a recommendation from the Audit Committee. Key figures from the unaudited results include:

  • Gross Premium Written: ₹266.74 crores
  • Net Premium Written: ₹210.93 crores
  • Net Profit Before Tax: ₹13.56 crores

The limited review report, issued by joint statutory auditors PKF Sridhar & Santhanam LLP and Kirtane & Pandit LLP, has been taken on record.

New Director Appointments

The Board approved the appointment of two new directors:

  • Giridhar Aramane: Appointed as an Additional Non-Executive, Independent Director, effective November 1, 2025, for a 5-year term, subject to member approval.
  • Michael Wallace: Appointed as an Additional Non-Executive Director, effective November 1, 2025, also subject to member approval.

Mr. Aramane, an IAS officer, brings extensive experience from public service and the regulatory sector. Mr. Wallace‘s expertise is also expected to contribute to the company’s governance and strategic direction.

Financial Ratios

Key analytical ratios as of September 30, 2025 include:

  • Solvency Ratio: 2.26
  • Expense of Management Ratio: 41.6%
  • Incurred Claim Ratio: 73.0%

Other Key Points

The Board meeting commenced at 5:02 PM and concluded at 5:46 PM.

These details will be available on the company website, www.godigit.com

Source: BSE

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