Niyogin Fintech Approves Financial Results, Divestment of Subsidiary

Niyogin Fintech Ltd's Board of Directors met on August 13, 2026, approving the Unaudited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026. The board also approved the re-appointment of Pijush Gupta & Co. as Statutory Auditors for a second five-year term. A significant decision was the approval for the sale of equity and preference shares in its material subsidiary, Investdirect Capital Services Private Limited, representing 58% and 100% respectively. This divestment will result in Niyogin Fintech ceasing control over Investdirect. Additionally, the company announced the closure of its Register and Share Transfer Books from September 17-23, 2026, for the 38th Annual General Meeting, which will be held via Video Conferencing on September 23, 2026. The board also decided not to proceed with the proposed appointment of Abhishek Thakkar as Whole-time Director and approved the re-designation of Ronak Shah as Deputy CFO and appointment of Jayesh Poojari as Chief Audit Officer.