Niyogin Fintech Ltd — Important, 05-05-2026: Company Update

Niyogin Fintech has received in-principle approval from the Reserve Bank of India for its Composite Scheme of Arrangement. This scheme involves demerging the company's NBFC business, which contributed Rs. 40.34 Cr (20.61% of total consolidated turnover), into Niyogin Finserv. Shareholders will receive 1 share of Niyogin Finserv for every 1 Niyogin Fintech share. Following this, the remaining Niyogin Fintech will amalgamate with iServeU Technology, where shareholders get 1 iServeU share for every 2 Niyogin Fintech shares. This aims to unlock value, facilitate focused growth, and simplify the corporate structure. BSE previously issued a 'no adverse observation' for the scheme.