Niyogin Fintech's board approved potential dilution of its stake in material subsidiary Iserveu Technology via a fundraise of up to 10%.
Iserveu contributed 53.6% of consolidated turnover (₹165.50 Cr) and 6.9% of net worth (₹22.74 Cr) in FY 2025.
The transaction requires shareholder approval via postal ballot and is expected to be completed within 6 months.
The proposed change is within the limits approved by the ongoing Composite Scheme and does not affect the swap ratio.