Go Digit General Insurance has announced strong financial performance for Q4FY26 and FY26, with the company's Board meeting held on April 28, 2026, approving audited financial results. The insurer demonstrated robust growth across key metrics while making strategic appointments to strengthen its leadership team.

Outstanding Q4FY26 Performance

The company delivered exceptional quarterly results with profit before tax under IGAAP jumping 49.1% to ₹173 crore in Q4FY26 compared to ₹116 crore in Q4FY25. Profit after tax increased 28.4% to ₹149 crore from ₹116 crore in the previous year quarter.

Strong FY26 Annual Results

For the full financial year, Go Digit maintained its growth trajectory with profit before tax under IGAAP increasing 48.7% to ₹632 crore from ₹425 crore in FY25. The company's gross written premium grew 9.8% to ₹11,294 crore, while gross direct premium expanded 16.2% to ₹9,846 crore.

Operational Metrics and Ratios

The company maintained stable operational performance with loss ratio at 72.9% for FY26 compared to 72.8% in FY25. The combined ratio under IGAAP stood at 110.7% for FY26 versus 109.3% in FY25. Solvency ratio improved to 2.42 from 2.24, demonstrating strong financial health.

IndAS Financial Performance

Under Indian Accounting Standards (IndAS), which IRDAI has mandated for all insurers from April 1, 2026, the company reported profit before tax of ₹1,021 crore for FY26 compared to ₹689 crore in FY25. The IndAS net worth stood at ₹7,610 crore versus ₹7,099 crore in the previous year.

Key Leadership Appointments

The Board approved significant appointments including M/s. Kirtane & Pandit LLP as tax auditors for FY26 and Mr. Ajaysinh Bharatsinh Jadeja as Chief Legal Claims and Investigation Officer, effective April 28, 2026. Mr. Jadeja brings over two decades of experience in litigation, legal claims, and investigation management in the insurance sector.

Regulatory Compliance and Documentation

Pursuant to Regulations 30 and 33 of the SEBI Listing Regulations, the company has submitted all required documentation to BSE Limited and National Stock Exchange of India Limited. Joint statutory auditors PKF Sridhar and Santhanam LLP and Kirtane & Pandit LLP have issued an unmodified audit report on the financial results. The Board meeting commenced at 4:10 p.m. and concluded at 5:05 p.m. on April 28, 2026. The company has made available its press release and investor presentation for Q4FY26 performance review on its website at https://www.godigit.com/investor-relations .

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.