Please find enclosed disclosure which is self-explanatory

Niyogin Fintech has received RBI's in-principle approval for its proposed Composite Scheme involving a demerger and amalgamation. Under the scheme, the NBFC business (turnover Rs 40.34 Cr, 20.61% of total) will be demerged into subsidiary Niyogin Finserv, followed by amalgamation of remaining business with iServeU Technology. Shareholders of Niyogin Fintech will receive 1 share in Niyogin Finserv for every 1 share held (1:1 ratio), and 1 share in iServeU for every 2 shares held (1:2 ratio). No cash consideration is involved. BSE had earlier issued a 'no adverse observation' letter in January 2026. The scheme remains subject to NCLT approval and shareholder/creditor consent.