Go Digit General Insurance has received a Show Cause Notice (SCN) from the Directorate General of GST Intelligence (DGGI), Bengaluru Zonal Unit, alleging ineligible availment of input tax credit (ITC) amounting to Rs 20.51 crore. The notice, issued under Section 74(1) of the Central Goods and Services Tax Act, 2017, demands the payment of this amount along with applicable interest and penalty for the period spanning September 2022 to March 2024. The company confirmed that no immediate financial impact is expected at this stage as it evaluates the notice.

The SCN was received on May 25, 2026, and specifically targets the company's ITC claims during Financial Years 2022-23 and 2023-24. According to the disclosure, the GST Authority has raised a demand of Rs 20,51,00,281, alleging that the credit claimed was ineligible. The penalty sought is equivalent to the ineligible ITC demanded, while interest will be calculated as applicable under Section 50(3) of the CGST Act, 2017 read with Rule 88B of the CGST Rules, 2017.

Go Digit General Insurance stated that it is currently evaluating the SCN based on advice from its tax advisors. The company plans to file a detailed reply with the adjudicating authority within the prescribed timelines. Furthermore, it intends to pursue all available legal remedies to contest the demand raised by the authority.

The disclosure was made to the stock exchanges on May 26, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that the communication is a Show Cause Notice and that no final order has been passed as of the date of the filing.

Key Details of the Show Cause Notice

Go Digit General Insurance Limited has notified stock exchanges of a series of analyst and institutional investor meets scheduled across four major investment conferences in Mumbai, spanning from May 29 to June 8, 2026. The intimation was filed pursuant to Regulation 30 read with Para A of Part A of Schedule III and Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Upcoming Investor Meet Schedule

The company has confirmed participation in four in-person meetings with groups of analysts and institutional investors. The following table outlines the complete schedule:

Scope of Information to Be Shared

Go Digit General Insurance has stated that the company will reiterate information as communicated during its earnings call held on Tuesday, 28th April 2026, which was submitted with the stock exchanges simultaneously. The earnings call covered results for the quarter and year ended 31st March 2026. The investor presentation referenced in the filing is available on the company's official website.

The company has explicitly noted that no unpublished price sensitive information pertaining to the company is or will be shared during these meets with analysts or institutional investors. It has also cautioned that the above schedule may change due to any business exigencies.

Regulatory Compliance

The intimation has been filed in accordance with SEBI Listing Regulations and has also been placed on the company's investor relations webpage at www.godigit.com/investor-relations . The filing was signed by Tejas Saraf, Company Secretary & Compliance Officer, on 14th May 2026.