Niyogin fintech Limited has announced the appointment of Mr. Nitin Jaiswal as Non-Executive Independent Director of its material unlisted subsidiary, Investdirect Capital Services Private Limited. The appointment, effective March 20, 2026, demonstrates the company's commitment to strengthening governance across its subsidiary operations.

Appointment Details

The Board of Directors of Investdirect Capital Services Private Limited approved Mr. Jaiswal's appointment in compliance with Regulation 24 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment is structured for a period of 5 consecutive years from the effective date.

Professional Background

Mr. Jaiswal brings extensive experience from his 27-year tenure at Bloomberg, where he played a pivotal role in building the company's institutional and commercial presence across the Asia-Pacific region as part of the senior leadership team. His expertise spans regional market development and strategic leadership in financial services.

Currently, he has formed AgeTech Leadership Labs (ALL), a Think-Act-Lead Lab focused on building the Longevity Economy framework. The initiative centers on the AgeTech P2P Framework (Paradox to Perfection), designed to align policy, capital, innovation, institutions, and society while transforming perspectives on aging from liability management to asset capitalization.

Educational Qualifications

Mr. Jaiswal's academic credentials include:

• B.Com Hons from Osmania University
• Harvard Kennedy School certification in Public Policy and Leadership

Current Role and Compliance

Mr. Jaiswal already serves as an Independent Director on the board of Niyogin Fintech Limited. His appointment to the subsidiary board aligns with Regulation 24(1) of the SEBI Listing Regulations, which governs director appointments in material unlisted subsidiaries of listed companies.

The company has confirmed that Mr. Jaiswal is not debarred from holding the office of Director by virtue of any SEBI Order or other regulatory authority, ensuring full compliance with regulatory requirements.

Strategic Significance

This appointment reinforces the governance structure of Investdirect Capital Services Private Limited while leveraging Mr. Jaiswal's extensive experience in financial markets and institutional development. His dual role across the parent company and subsidiary is expected to enhance strategic alignment and operational oversight within the group structure.

Niyogin Fintech Limited announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating a significant turnaround to profitability on standalone basis. The fintech company's Board of Directors approved the results at their meeting held on February 11, 2026.

Standalone Financial Performance

The company delivered strong standalone results with notable improvements across key metrics:

The company's revenue from operations grew 27.35% year-on-year to ₹2,562.27 lakhs, primarily driven by increased interest income of ₹2,111.22 lakhs and fees and commission income of ₹422.45 lakhs. Total income reached ₹3,388.91 lakhs, including other income of ₹826.64 lakhs.

Nine Months Performance

For the nine months ended December 31, 2025, the standalone business showed continued improvement:

Consolidated Results

On a consolidated basis, the company reported mixed performance for Q3FY26:

The consolidated results included an exceptional item of ₹77.46 lakhs related to incremental impact from new Labour Codes notified by the Government of India on November 21, 2025.

Asset Quality and Financial Ratios

The company maintained strong financial health indicators:

The company's asset quality showed improvement with gross non-performing assets declining to 6.87% from 9.10% in the previous year. Net worth increased significantly to ₹35,876.62 lakhs.

Business Segments

The consolidated business operates across two main segments:

• Financing Related Activities: Generated revenue of ₹3,647.89 lakhs in Q3FY26
• Technology Related Activities: Contributed ₹4,451.27 lakhs in revenue

For the nine months period, financing activities generated ₹12,117.71 lakhs while technology activities contributed ₹12,223.05 lakhs.

Corporate Developments

During the quarter, the company granted 60,000 stock options under the NFL Employee Stock Option Plan 2018. The wholly-owned subsidiary Niyogin Finserv Limited was incorporated on January 28, 2025, following board approval of a composite scheme of arrangement.

The company maintains sufficient asset cover for its non-convertible debentures, with all debentures fully secured by exclusive charge on receivables. The debt-equity ratio stood at 0.31 times for standalone operations.

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