Go Digit General Insurance Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
GODIGIT · price
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Awaiting price reaction for this filing.
Go Digit General Insurance has received a Show Cause Notice from the Directorate General of GST Intelligence, Mumbai Zonal Unit on 25th September 2025. The notice, issued under the Central GST Act and Integrated GST Act, raises a tax demand of ₹11.66 crore (₹11,65,75,990) along with applicable interest and penalty. The company plans to file a detailed reply with supporting evidence within the prescribed timeline. Go Digit has stated the demand is under contention and there is no immediate impact on its financial position, operations, or other activities.
This is a tax dispute, not a final order, and the company will contest it. While the ₹11.66 crore demand is material relative to typical quarterly tax outflows, management's reassurance of no immediate financial impact may limit near-term share price reaction, though investors should watch for updates on the resolution.