The regulator claimed that Go Digit had neglected to report a shift in the conversion ratio of mandatory convertible preference shares issued by its parent company, Go Digit Info Works Services (GDISPL), to FAL Corporation, which is owned by the Fairfax Group. Go Digit General Insurance, an IPO-bound company, faces a penalty of Rs 1 … Continue reading IRDAI fines an IPO-bound company Rs 1 crore. Digitize General Insurance