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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On the reaction day the stock moved 1.0 pts more than Nifty Smallcap 250 and 1.0 pts more than its General Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Go Digit General Insurance has received a Demand cum Show Cause Notice from the Office of the Commissioner, CGST Audit-I, New Delhi, on September 23, 2025. The notice, issued under the CGST Act, Delhi GST Act, and IGST Act, raises a total GST demand of ₹14,99,37,548 (approximately ₹14.99 crores), along with applicable interest and penalty (penalty up to 25% of the GST amount). The company plans to file a detailed reply with supporting evidence before the GST Authority within the prescribed timelines. Go Digit has stated that there is no immediate impact on its financials, operations, or other activities, and the tax claim amount is under contention.
This is a preliminary tax demand notice and not a final order, so there is room for the company to contest it. However, investors should monitor the case as an adverse outcome could lead to a financial outflow of around ₹15 crores plus interest and penalty. Near-term sentiment may see mild negative pressure, though the company's 'no immediate impact' statement limits immediate concern.