Secured creditors review Niyogin composite scheme

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+3.6%Reaction day

₹42.65

prior close

₹43.53

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.5%+6.1% vs market

Non Banking Financial Company (NBFC) peers, median of 216sector-0.5%+4.1% vs sector

On the reaction day the stock moved 6.1 pts more than Nifty Microcap 250 and 4.1 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

—

15m

+0.0

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.6-2.5+6.1-0.5+4.1

Next day

+2.9-1.1+4.0-0.0+2.9

+1.3-0.8+2.2-0.2+1.5

+7.2+1.3+5.8+0.4+6.8

+7.1+2.5+4.7+1.5+5.6

+5.5pendingpending+1.5+4.0

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15d

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 216Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

At an October 30, 2026 meeting convened under an NCLT Chennai order, Niyogin Fintech's secured creditors considered a composite arrangement and amalgamation involving Niyogin Finserv and iServeU Technology. Remote voting ran October 26-29, followed by electronic voting at the meeting. Quorum was present, but the filing does not disclose the vote result or confirm approval.

Likely market impact

Approval is not confirmed. If adopted, the scheme may change the company's structure and shareholding; completion still needs remaining approvals and court clearance.