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As per NSE data, the investment giant sold the shares at ₹300 apiece via an open-market transaction to rake in the amount

Aditya Birla Sunlife Mutual Fund bought 21.7 Lakh shares worth ₹65 Cr, while JP Morgan (Taiwan) Eastern Technology Fund picked up the remaining 11.7 Lakh shares for ₹35 Cr

Go Digit General Insurance saw its net profit jump 28.8% YoY to ₹149.4 Cr in Q4 FY26, while gross written premium rose 6.2% YoY to ₹2,735.7 Cr in the quarter under review

Go Digit General Insurance’s early backer Peak XV Partners has sold 33.3 Lakh shares of the insurtech major in a block deal worth ₹100 Cr.

As per NSE data, the investment giant sold the shares at ₹300 apiece via an open-market transaction to rake in the amount. The shares that flooded the market were lapped up by JP Morgan and Aditya Birla Sunlife Mutual Fund.

Of this, Aditya Birla Sunlife Mutual Fund bought 21.7 Lakh shares worth ₹65 Cr, while JP Morgan (Taiwan) Eastern Technology Fund picked up the remaining 11.7 Lakh shares for ₹35 Cr.

The block deal was executed at a discount of 0.9% to the stock’s last closing price on Thursday.

The transaction comes more than a month after the insurtech giant reported healthy quarterly results. Go Digit General Insurance saw its net profit jump 28.8% to ₹149.4 Cr in the fourth quarter (Q4) of the fiscal year 2025-26 (FY26) compared to ₹115.6 Cr in the same quarter last year.

Meanwhile, the listed startup’s gross written premium rose 6.2% YoY to ₹2,735.7 Cr in the quarter under review, while gross direct premium income jumped 16% YoY to ₹9,846 Cr.

Despite the profitable show, headwinds remain. In March this year, the startup received a tax demand notice totalling ₹384.4 Cr, including applicable interest of ₹100.4 Cr, from the Income Tax (IT) department for the assessment year 2023-24 (AY24).It plans to contest the claims.

As a result, the insurtech major’s shares continue to remain under selling pressure. The stock has declined more than 12.1% on a year-to-date (YTD) basis, while shares of the company are down a marginal 0.54% in the past month.

Founded in 2017 by Kamesh Goyal, Go Digit is a full-stack digital insurance company that offers a wide range of insurance policies across sectors such as motor vehicle, health, travel, property, among others. It has raised more than $462 Mn in funding to date and counts names such as Faering Capital, Wellington Management and TVS Capital Funds as backers.

Shares of Go Digit General Insurance closed yesterday’s trading session 0.15% higher ₹302.7 on the BSE.