Niyogin Fintech informs about updates

With refer to earlier letters dated January 31, 2025 and January 22, 2026 in relation to the proposed Composite Scheme of Arrangement and Amalgamation between Niyogin Fintech (Demerged Company/ Amalgamating Company/ NFL / Company), and Niyogin Finserv (Resulting Company/ NFL 2) and iServeU Technology (Amalgamated Company/ iServeU) and their respective shareholders and creditors under sections 230 to 232 read with section 52 and 66 and other applicable provisions of the Companies Act, 2013 (Act) (Scheme), Niyogin Fintech has informed that the Company has received email dated April 30, 2026 from Reserve Bank of India (RBI) granting its in-principle approval for the Scheme. The said approval from RBI is a key regulatory milestone for the implementation of the said Scheme. The Scheme remains subject to receipt of other necessary statutory and regulatory approvals, including approvals from the Hon’ble National Company Law Tribunal (NCLT), shareholders, creditors, and other applicable authorities, as may be required. The Company will continue to keep the stock exchange informed of any further developments in this regard in compliance with applicable regulations. The said information is also being made available on the website of the Company at www.niyogin.com

The above information is a part of company’s filings submitted to BSE.