Niyogin Fintech Ltd — Important, 04-12-2025: Company Update
04-12-2025 | 06:33 pm
04-12-2025 | 06:33 pm
Niyogin Fintech has invested Rs. 10 Cr in its wholly-owned subsidiary, Niyogin Finserv Limited, by subscribing to 1 Cr equity shares at Rs. 10 each through a rights issue. This strategic capital infusion ensures Niyogin Finserv meets the Rs. 10 Cr minimum Net Owned Fund required to apply for a Non-Deposit taking NBFC - Investment and Credit Company (NBFC-ICC) license from the RBI. This strengthens the subsidiary's foundation for its planned financial services operations.
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