Niyogin Fintech Approves Investdirect Sale For Up To ₹11.75 Crore

Q1 FY27 Consolidated Results YoY: NII at 15.3 Cr vs 16.2 Cr, down 5.7%. PPOP at 5.0 Cr vs 2.5 Cr, up 99.1%. PAT swung to a loss of 5.0 Cr vs loss of 1.9 Cr. Technology segment loss widened to 5.8 Cr from 0.9 Cr, while Financing shifted to a loss of 0.3 Cr from profit of 0.1 Cr. Context: reverses the recent consolidated profitability inflection. Board approved sale of 58% equity and 100% CCP holdings in Investdirect Capital Services, for consideration of up to 11.75 Cr, subject to shareholder and regulatory approvals; the transaction is expected by March 2027 and will result in loss of control. The proposed appointment of CFO Abhishek Thakkar as Whole-time Director was withdrawn.