Go Digit General Insurance has approved the grant of employee stock options covering 25.05 lakh equity shares under its ESOP 2018 plan, according to a recent stock exchange filing.
According to the exchange filing dated December 24, 2025, the company’s Nomination and Remuneration Committee approved the grant of these options to eligible employees of the company and its holding company. The grant specifically excludes key managerial personnel (KMP).
Valuation and Plan Details
Based on Go Digit’s current share price of Rs 345.55, the newly granted ESOPs are valued at approximately Rs 87 crore ($9.65 million). Under the terms of the disclosure, each option is convertible into one fully paid-up equity share with a face value of Rs 10 per share.
The stock options are designed with a long-term retention focus:
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Vesting Period: Options will vest between one and six years from the grant date.
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Exercise Window: Employees can exercise their vested options for up to eight years after the vesting date, as per the ESOP 2018 plan guidelines.
Robust Financial Performance
The announcement comes on the heels of a strong financial showing for the insurer. In its Q2 FY26 results, Go Digit reported steady growth, with operating revenue rising 10% to Rs 2,088 crore. Profitability saw a significant boost, jumping 30% to surpass the Rs 100 crore mark.
Market Position
At the conclusion of Tuesday’s trading session, Go Digit’s shares closed at Rs 346.55 apiece. This gives the company a total market capitalization of Rs 32,012 crore ($3.56 billion), reinforcing its position as a major player in the digital-first insurance sector.
By: Vanshika Tayal
