Go Digit General Insurance’s board has approved the amalgamation of its holding company, Go Digit Infoworks Services Private Limited. The move aims to simplify the ownership structure and enhance value for shareholders. The amalgamation is subject to approvals from shareholders, creditors, and regulatory bodies. It’s expected to streamline operations and support future growth initiatives. The share exchange ratio has been determined based on an independent valuation report.
Amalgamation Approved
The Board of Directors of Go Digit General Insurance Limited has officially approved the scheme of amalgamation with Go Digit Infoworks Services Private Limited. The decision, made on December 19, 2025, is aimed at streamlining the company’s structure.
Strategic Benefits of the Merger
The primary goal of the amalgamation is to simplify the ownership structure, which the company believes will enhance value by creating a direct alignment between shareholders and the operating business. It also supports a leaner, more efficient corporate framework designed to position the company for scalable growth and innovation.
Impact on Shareholding
Following the amalgamation, the promoters’ shareholding in Go Digit will see a marginal increase from 72.17% to 72.20% on a fully diluted basis. This reflects a nominal increase of approximately 0.03%.
Share Exchange Ratio
The share exchange ratio is a key component of this amalgamation. Equity shareholders of Go Digit Infoworks will receive 2,62,589 equity shares of Go Digit for every 1000 shares held. The preference shareholders will receive different ratios based on the type of preference shares held.
Looking Ahead
The approved amalgamation is pending necessary approvals from shareholders, creditors, and other regulatory bodies. Once these approvals are secured, the company anticipates a more streamlined and efficient operational structure.
Source: BSE
