NCL Research & Financial Services Ltd — Important, 29-07-2026: Company Update

NCL Research's Board has approved a strategic entry into India's digital personal loan business. This initiative will cover digital, salary-based, and self-employed professional loans, alongside consumer finance. The company will also incorporate a subsidiary to develop fintech software, leveraging technology for underwriting and risk management. This move aims to diversify revenue streams, generate recurring interest income, and enhance long-term shareholder value by capitalizing on India's rapidly expanding retail credit market. Shareholder approval will be sought for related changes to the company's main objectives.