Date and Nature of Query
- The company received a letter from the National Stock Exchange of India Limited (Ref: NSE/CM/Surveillance/17312) dated 29 July 2026
- The query sought clarification/confirmation on a news item appearing in media/publication regarding negotiations/events
Company's Clarification on Trading Volume and Events
- The company confirms that the Competition Commission of India (CCI) has approved the proposed Scheme of Amalgamation among Go Digit Infoworks Services Private Limited with Go Digit General Insurance Limited and their respective shareholders
- The company became aware of the CCI approval upon receipt of communication from CCI on July 28, 2026
- The company provided a chronological sequence of key events:
a) Board of Directors approved the proposed Scheme at its meeting held on December 19, 2025
b) Company made necessary intimations/filings with Stock Exchanges on December 19, 2025
c) Receipt of 'No observations letters' from Stock Exchanges on 22 April 2026
d) Company made necessary intimations/filings with Stock Exchanges on April 23, 2026
e) Company filed requisite notice with CCI regarding the proposed Scheme on May 12, 2026
f) CCI approved the proposed Scheme on July 28, 2026
Details of Transaction Status
- The proposed Scheme remains subject to receipt of other requisite statutory and regulatory approvals, including approval of the Hon'ble National Company Law Tribunal and IRDAI
- The Scheme will become effective only upon satisfaction of all applicable conditions and receipt of approvals
- The CCI approval by itself does not have any material operational or financial impact on the company
- Any impact of the Scheme will arise only upon the Scheme becoming effective in accordance with its terms and after receipt of all requisite approvals