Go Digit board okays amalgamation of holding co Infoworks into insurer

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

GODIGIT · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

Board approved amalgamation of holding company Go Digit Infoworks Services (GDISPL) into Go Digit General Insurance. Share exchange ratio: 2,62,589 GDGIL shares per 1000 GDISPL equity shares. Promoter holding shifts marginally from 72.18% to 72.21%, public from 26.61% to 26.58%. GDISPL had total assets of 1,08,106 lakhs. Subject to NCLT, SEBI, IRDAI approvals. No cash consideration. Aims to simplify ownership structure.

Likely market impact

Marginal promoter shareholding rise, slight dip in public holding. Pending NCLT and regulatory clearances.