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 58% equity shares and 100% CCPs in its material subsidiary, Investdirect Capital Services Private Limited, subject to shareholder approval. 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 AGM, which will be held via VC/OVAM on September 23, 2026. The proposed appointment of Abhishek Thakkar as Whole-time Director was not pursued. Ronak Shah was re-designated as Deputy CFO, and Jayesh Poojari appointed as Chief Audit Officer.