Go Digit General Insurance Limited has achieved a significant milestone in its proposed amalgamation process by receiving observation letters with 'no adverse observations' from both major Indian stock exchanges. The company announced on April 23, 2026, that it had received these crucial approvals from BSE Limited and National Stock Exchange of India Limited, both dated April 22, 2026.

Amalgamation Scheme Details

The proposed scheme involves the amalgamation of Go Digit Infoworks Services Private Limited (transferor company) with Go Digit General Insurance Limited (transferee company) under Sections 230 to 232 of the Companies Act, 2013. The Board of Directors had previously approved this scheme on December 19, 2025, subject to obtaining various regulatory approvals.

Required Regulatory Approvals

The amalgamation scheme requires comprehensive regulatory clearances from multiple authorities. The company must obtain approvals from several key regulatory bodies before the scheme can be implemented.

The required approvals include:

• Securities and Exchange Board of India (SEBI)
• Insurance Regulatory and Development Authority of India (IRDAI)
• Competition Commission of India (CCI)
• National Company Law Tribunal, Mumbai Bench (NCLT)
• Stock exchanges (now obtained)
• Shareholders of the company

Stock Exchange Compliance Requirements

Both NSE and BSE have outlined extensive compliance requirements that Go Digit must fulfill during the amalgamation process. The exchanges have mandated detailed disclosures and adherence to various regulatory provisions.

Key Compliance Areas:

Disclosure Requirements:

• Complete details of ongoing adjudication and recovery proceedings
• Information about prosecution initiated against the company, promoters, and directors
• All enforcement actions taken against relevant parties
• Pending approvals from IRDAI and CCI

Financial Disclosures:

• Revenue, PAT, and EBITDA details for the last 3 years for both companies
• Capital build-up since incorporation and last 3 years
• Value of assets and liabilities being transferred
• Post-merger balance sheet of the transferee company

Procedural Requirements:

• Financials in the scheme must not be more than 6 months old
• Proposed equity shares must be in demat form only
• Additional information to be displayed on company and exchange websites
• Compliance status report filing through specified exchange platforms

Validity and Next Steps

The observation letters from both exchanges carry a validity period of six months from April 22, 2026, within which the scheme must be submitted to the NCLT. Go Digit has committed to abiding by all conditions specified in the observation letters and will proceed with filing the scheme before the NCLT.

The company has made the observation letters available on its website at www.godigit.com/investor-relations within the mandated 24-hour timeframe. The exchanges have reserved their rights to raise objections at any stage if submitted information is found to be incomplete, incorrect, misleading, or false.

Both exchanges have clarified that their observation letters should not be construed as approval of the financial soundness of the scheme or correctness of statements made in the submitted documents. The letters specifically enable the company to file the draft scheme with NCLT while ensuring compliance with listing regulations and disclosure requirements.

Go Digit General Insurance Limited has announced both a board meeting and earnings call scheduled for April 28, 2026, to discuss and present crucial financial results for the concluded financial year. The comprehensive reporting schedule represents a significant milestone in the company's annual disclosure cycle as it prepares to present audited financial performance to stakeholders and investors.

Board Meeting and Earnings Call Schedule

The company has organized a dual approach to financial results presentation, combining regulatory board approval with investor engagement. The earnings call, coordinated by ICICI Securities, will provide stakeholders with detailed insights into the company's performance.

The board will consider and approve audited financial results for both the quarter and financial year ended March 31, 2026. The earnings call will follow the same day, allowing for immediate investor communication following board approval.

Earnings Call Access Details

ICICI Securities has arranged comprehensive access options for the Q4 and FY2026 results conference call, ensuring global participation from investors and analysts.

The call coordination team includes Mr. Jaideep Goswami as Head of Equities, with support from Mr. Ansuman Deb and Mr. Shubham Prajapati. Additional clarification contacts include Mr. Rushad Kapadia, Ms. Seema Sehgal, and Ms. Minali Ginwala.

Trading Window Restrictions

In accordance with regulatory compliance requirements, Go Digit General Insurance has implemented trading window restrictions to prevent insider trading during the results announcement period.

The trading window closure affects all insiders and designated persons of the company, including their immediate relatives, ensuring compliance with the Code of Conduct for Prevention of Insider Trading.

Regulatory Compliance

The announcements were made pursuant to Regulation 30 and Regulation 29 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. These regulations mandate listed companies to inform stock exchanges about significant events and board meetings where financial results will be considered.

Company Secretary and Compliance Officer Tejas Saraf signed the official communications on April 14, 2026, addressing both BSE Limited and National Stock Exchange of India Limited, maintaining compliance with dual listing requirements and fulfilling disclosure obligations to regulatory authorities and investors.