Niyogin to Dilute Stake in Key Subsidiary for Fund-Raise
Niyogin Fintech Ltd · 538772 · BSE ·
The Board has approved a plan to dilute its shareholding in its material subsidiary, Iserveu Technology Private Limited, by up to 10%. The purpose is to raise funds for Iserveu's growth by bringing in external investors. Iserveu is a critical subsidiary, contributing 53.6% of the…