Acquisition / mergerNotableFiled on BSE ·

Niyogin Fintech: NCLT allows first motion on scheme with Niyogin Finserv, iServeU; meetings ordered

Niyogin Fintech · Finance

Arthneeti Research DeskPublished 1 min read

Key highlights

  • NCLT order dated September 11, 2026 allowed the first motion application; this is not final sanction of the scheme, which still needs shareholder and creditor votes and further approvals.
  • Equity shareholders of Niyogin Fintech are to meet on 30.10.2026 at 10:30 AM; its 8 secured creditors meet the same day at 11:30 AM as no consent affidavits were filed.
  • Meetings of equity shareholders of Niyogin Finserv and iServeU, iServeU preference shareholders and Niyogin Finserv unsecured creditors are dispensed with.

Why it's rated notable: merger demerger is always high

Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.

Original filing

Announcement under Regulation 30 (LODR)-Scheme of Arrangement

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.