Niyogin Fintech Sets NCLT-Convened Meetings for October 30

Niyogin Fintech Ltd has officially scheduled its NCLT-convened meetings for October 30, 2026. The sessions cover equity shareholders, secured creditors, and unsecured creditors to approve the Composite Scheme of Arrangement and Amalgamation.

Reader Takeaway: The restructuring progresses as Niyogin moves to consolidate operations with Niyogin Finserv and iServeU Technology via NCLT-approved voting.

What just happened

Following an order from the Chennai Bench of the National Company Law Tribunal (NCLT), the company announced the meeting schedule for all relevant stakeholders. All proceedings will occur via video conferencing (VC) or other audio-visual means (OAVM), allowing remote participation.

Meeting Timeline

• Equity Shareholders: October 30, 2026, at 10:30 a.m.
• Secured Creditors: October 30, 2026, at 11:30 a.m.
• Unsecured Creditors: October 30, 2026, at 12:30 p.m.

Why this matters

This restructuring involves a complex arrangement between Niyogin Fintech Limited, Niyogin Finserv Limited, and iServeU Technology Private Limited. By holding these meetings, the company is fulfilling the mandatory legal requirements to reorganize its business structure, a critical milestone for the eventual integration of its entities.

Voting and Eligibility

Niyogin Fintech has engaged NSDL to manage the e-voting process. Remote e-voting commences on October 26, 2026, at 9:00 a.m. and concludes on October 29, 2026, at 5:00 p.m. Eligibility depends on specific cut-off dates: October 23, 2026, for equity shareholders and March 31, 2026, for creditors.

What to track next

Stakeholders should review the explanatory statements and notices shared by the company. Final results of the voting will determine the next steps in the amalgamation process and the subsequent court approvals required for final implementation.