Announced Wed, 29 Jul · 15:03 IST
CCI approves Go Digit Infoworks merger; awaits NCLT and IRDAI nod
GODIGIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.5%1-day move
₹246.00
prior close
₹254.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.2-0.4—+3.5+3.3+6.3+7.3+13.9+11.0+2.8———
Up moveDown movePending
AI summary
Go Digit General Insurance confirmed that the Competition Commission of India (CCI) approved the merger of Go Digit Infoworks Services with itself on July 28, 2026. Fairfax entity will hold 57.28 percent post-merger. Board approved the scheme on December 19, 2025 and stock exchanges gave no-objection on April 22, 2026. The scheme still needs NCLT and IRDAI approvals before becoming effective. Company said CCI approval has no immediate material financial impact.
Likely market impact
Positive on compliance clarity; final merger benefits depend on pending NCLT and IRDAI approvals.