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 a revision in the timing of its upcoming earnings conference call for the quarter and financial year ended March 31, 2026. The company informed stock exchanges about this change through a regulatory filing dated April 23, 2026.

Revised Call Schedule

The earnings call, originally scheduled for 6:30 PM IST on Tuesday, April 28, 2026, has been rescheduled to commence at 6:00 PM IST on the same date. This represents a 30-minute advancement from the previously announced timing.

Conference Call Access Details

ICICI Securities will host the Q4 and FY2026 results conference call, providing multiple access options for participants. The call can be accessed through universal numbers and dedicated toll-free lines for international participants.

Access Information

Universal Access Numbers:

• +91 22 6280 1144
• +91 22 7115 8045

International Toll-Free Numbers:

Contact Information

The conference call coordination will be managed by ICICI Securities team members. Mr. Jaideep Goswami, Head of Equities, serves as the primary call coordinator, while Mr. Ansuman Deb and Mr. Shubham Prajapati provide additional coordination support.

For clarifications regarding the earnings call, participants can contact Mr. Rushad Kapadia, Ms. Seema Sehgal, or Ms. Minali Ginwala from ICICI Securities.

Regulatory Compliance

The timing revision was communicated to both BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 and Para A of Part A of Schedule III and Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that all other details previously communicated regarding the earnings call remain unchanged, with only the timing being modified.