Please find enclosed the intimation for appointment of Mr. Mahesh Chandankar as the Head of Credit (Senior Management Personnel) of the Company
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Niyogin Fintech has appointed Mr. Mahesh Chandankar as its Head of Credit, effective September 15, 2025. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Board. Mr. Chandankar brings over 13 years of experience in credit and risk roles across banks and NBFCs. His expertise spans credit policy design, portfolio management, risk analytics, and AI/ML-based solutions for consumer and MSME lending products such as credit cards, personal loans, business loans, and term loans.
Strengthens the company's leadership in credit and risk management, which is critical for a fintech lender. This is a routine senior management addition and is unlikely to move the stock price significantly, though it signals continued investment in building a strong credit framework.