Niyogin Fintech Limited intends to enter into a strategic partnership with Sammaan Capital Limited for a potential credit facility of up to ₹500 crore. The arrangement, structured as a combination of financing and periodic portfolio buyouts, is planned to be deployed over the next 36 months.

The understanding is non-binding and subject to mutual agreement, regulatory approvals, and definitive agreements. It may be revised from time to time.

Strategic Partnership Details

Under the proposed arrangement, Sammaan Capital will explore extending credit facilities and undertaking periodic portfolio buyouts from Niyogin Fintech. The companies intend to build a portfolio of up to ₹500 crore over the course of the next 36 months.

This partnership aims to deepen institutional capital and digital lending synergies behind Niyogin's technology-led embedded lending solutions for India's underserved MSMEs. The facility will be deployed through Niyogin's embedded distribution network across rural and urban India.

Technology and Capital Synergies

The partnership is anchored in Niyogin's proprietary technology stack, which originates, underwrites, disburses, and services credit end-to-end within a single closed loop. This infrastructure delivers credit at the precise point where an MSME is already transacting, through the company's network of Business Correspondents, banks, neobanks, and Financial Professionals.

Sammaan Capital brings balance sheet depth and institutional lending experience to this model. For Niyogin, the partnership is expected to expand lending capacity, diversify its liability profile, and improve its blended cost of funds. These benefits are intended to flow directly to the MSME borrowers the platform serves.

For Sammaan Capital, the arrangement supports its broader digital and AI-led transformation by allowing it to broaden its product portfolio, test new credit products, and reach new underserved MSME segments in a capital-efficient way.

Management Commentary

Amit Rajpal, Chairman and Co-founder of Niyogin Fintech Limited, stated that the company has spent years building a technology stack capable of originating, underwriting, and servicing credit at the last mile. He noted that the potential partnership provides up to ₹500 crore of capital to be built and rotated over the next 36 months to convert distribution into credit for underserved MSMEs.

Gagan Banga, Managing Director and Chief Executive Officer of Sammaan Capital Limited, described the tie-up as a critical partnership built on synergy between balance sheet strength and digital lending architecture. He highlighted that it allows Sammaan to deepen its own digital transformation and push last-mile credit more efficiently.

What the Numbers Show

The structure of the partnership relies on a rotation model rather than a one-time disbursement. With a total commitment of ₹500 crore spread over 36 months, the average annual deployment would be approximately ₹166.7 crore. This phased approach suggests a focus on portfolio performance and capital efficiency, allowing both parties to test new credit products and customer segments before scaling further.

Niyogin Fintech Limited has scheduled its 38th Annual General Meeting (AGM) for September 23, 2026. The meeting will be held via video conferencing, with e-voting facilities provided by National Securities Depository Limited (NSDL).

The company filed the notice with BSE Limited on August 27, 2026, in compliance with SEBI Listing Regulations and the Companies Act, 2013. Electronic copies of the FY26 Annual Report and AGM notice have been dispatched to registered shareholders.

Meeting and E-Voting Details

Members holding shares as of the cut-off date can vote remotely or during the meeting. The documents are also available on the company website and NSDL’s e-voting portal.

The notice was signed by Neha Daruka, Company Secretary.