Niyogin Fintech seeks shareholder approval via special resolution to reduce stake in material subsidiary Iserveu Technology to as low as 10%.
The postal ballot e-voting period runs from April 28 to May 27, 2026, with results due within two working days after voting concludes.
Board cites fintech sector capital requirements and company's capital allocation priorities as rationale for potential stake reduction.
Compliance with SEBI Listing Regulation 24(5) requires special resolution for reducing stake below 50% in material subsidiary.