Go Digit General Insurance Limited has informed the Exchange regarding Change in Auditors of the company.
GODIGIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Go Digit General Insurance reported audited financial results for Q4 and FY ended March 2026. Gross premium written grew 9.8% year-on-year to Rs 11,294 crore, while net profit after tax increased 28% to Rs 544 crore from Rs 425 crore. The combined ratio remained elevated at 110.7% (vs 109.3% last year), indicating underwriting losses continue to be offset by investment income. The company appointed Kirtane & Pandit LLP as Tax Auditors for FY 2025-26 and also appointed Mr. Ajaysinh Bharatsinh Jadeja as Chief Legal Claims and Investigation Officer, designated as Senior Managerial Personnel and Key Management Person. The Board noted that expenses exceeded IRDAI regulatory limits and the company will seek forbearance. ESOP exercises resulted in issuance of 14.7 lakh shares during the year.
The profit growth and premium expansion are positive signals, but the elevated combined ratio and expense limit breach warrant monitoring. The KMP appointment is a routine appointment with no governance concerns. Shareholders should note the pending amalgamation with Go Digit Infoworks awaiting regulatory approvals.