Board approves amalgamation of holding company Go Digit Infoworks into Go Digit

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

GODIGIT · price

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Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹346.00

prior close

₹347.85

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.0%-2.5% vs market

General Insurance peers, median of 5sector+0.0%-1.5% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Smallcap 250 and 1.5 pts less than its General Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.5

10m

-0.9

15m

-1.2

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5+1.0-2.5+0.0-1.5

Next day

-0.7+1.4-2.0+0.1-0.8

+0.2+1.4-1.3+0.4-0.2

+0.0+1.3-1.3+0.0+0.0

-0.8+0.7-1.5-1.1+0.3

+0.3+0.5-0.3-0.3+0.6

+0.5+1.6-1.1+0.1+0.5

15d

-2.0-1.2-0.8-3.2+1.2

-6.1-4.8-1.3-5.4-0.7

-2.0-2.3+0.3-0.2-1.8

-5.8-13.3+7.5-9.7+3.9

UpDownMarket · Nifty Smallcap 250Sector · General Insurance peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Go Digit General Insurance's board approved amalgamating its holding company Go Digit Infoworks Services (GDISPL) into itself. GDISPL has total assets of about Rs 1,081 crore. No cash consideration. Share exchange: 2,62,589 shares per 1000 equity shares, 55,925 per 1000 CCPS 1, 36,694 per 1000 CCPS 2. New shares at Rs 375.10 each, a premium to current market price. Promoter holding rises marginally from 72.17% to 72.20%. Subject to NCLT, SEBI, IRDAI, and public shareholder approvals.

Likely market impact

Minimal dilution for public shareholders; simplifies holding structure. Awaits NCLT, SEBI, IRDAI and public shareholder approvals.