Key Quantitative Figures

  • Total equity shareholders on record date (October 23, 2026): 9,745
  • Equity shareholders attending meeting via VC/OAVM: 45 (all public, no promoter group)
  • Total votes cast by equity shareholders: 9,30,94,447 shares (83.46% of total share capital)
  • Promoter & promoter group votes: 3,66,73,535 shares (100% in favor)
  • Public institution votes: 90,00,015 shares (100% in favor)
  • Public non-institution votes: 63,23,774 shares (100% in favor)
  • Disqualified votes: 19,50,000 shares (Aionios Alpha Fund)
  • Secured creditors: 5 votes cast, all in favor
  • Unsecured creditors: 3 votes cast, all in favor

Dates of Action

  • Meeting date: October 30, 2026
  • Result declaration date: November 02, 2026
  • Record date: October 23, 2026
  • NCLT order date: September 11, 2026

Parties Involved

  • Regulatory bodies: BSE Limited, SEBI, National Company Law Tribunal (Chennai Bench)
  • Companies: Niyogin Fintech Limited (Demerged/Amalgamating Company), Niyogin Finserv Limited (Resulting Company), iServeU Technology Private Limited (Amalgamated Company)
  • Scrutinizer: Udit Jain (PH/1873/2020)
  • Chairperson: Kuldeep Karir (appointed by NCLT)
  • Company Secretary: Neha Daruka

Voting Results Details

Equity Shareholders Meeting

  • Quorum requirement: 20 equity shareholders
  • Actual attendance: 35 equity shareholders present
  • Voting results: 100% approval from all voting shareholders
  • Disqualified voter: Aionios Alpha Fund (19,50,000 shares) due to missing board resolution

Secured Creditors Meeting

  • Quorum requirement: 1 secured creditor
  • 5 secured creditors voted with 9 votes total
  • All votes in favor of the scheme
  • Valid votes: 7 votes (from 2 creditors with proper authorization)
  • Creditors with authorization: Ambit Finvest, Shine Star Built-Cap Pvt Ltd
  • Individual creditor: Zakir Hussain Abdul Mallick (5 holdings, 5 votes)

Unsecured Creditors Meeting

  • Quorum requirement: 2 unsecured creditors
  • 3 unsecured creditors voted
  • All votes in favor of the scheme
  • All creditors provided proper authorization: Khatabook, Finasall Resources Pvt Ltd, Ninjacart Services Pvt Ltd

Additional Information

  • Meetings conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Voting conducted via NSDL e-voting portal
  • All scrutinizer reports dated October 30, 2026
  • Documents available on company website: www.niyogin.com
  • Company CIN: L65910TN1988PLC131102

Next Steps

The voting results and scrutinizer reports have been submitted to BSE Limited for record and further regulatory processing as required under the NCLT-directed scheme approval process.