Delphi World Money Limited announced the resignation of two non-executive, non-independent directors, Mr. Arun Batra and Mr. Chaganti Samba Murty, effective June 03, 2026. The resignations were submitted due to personal commitments and other pre-occupations, as stated in the regulatory filing. Both directors confirmed they do not hold directorships in any other listed companies and are not members of any board committees of other listed entities. They further confirmed there are no material reasons for their resignations other than those stated in their resignation letters.

The resignations were intimated to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details of the change were provided in accordance with SEBI Circular No. CIR/CFD/CMD/4/2015. The company confirmed that the resignations were effective from the closure of business hours on June 03, 2026.

In their resignation letters, both directors stated their intention to pursue other professional priorities and career opportunities aligned with their long-term objectives. They clarified there were no concerns or differences with the company, its management, or the board. They expressed confidence in the company's continued growth and future direction and pledged their cooperation for a smooth transition.

The following table details the regulatory disclosures regarding the resignations:

Vinay Singh, Company Secretary & Compliance Officer, signed the filing on behalf of Delphi World Money Limited. The company's registered office is located at 8th Floor, Manek Plaza, Kalina CST Road, Kolekalyan, Santacruz (E), Mumbai, Maharashtra-400098.

Delphi World Money Limited announced that the Commercial Court at Dwarka, New Delhi, has returned the plaint filed by Bull Value Incorporated VCC Sub-Fund and vacated the status quo directions previously operating in the matter. The order dated June 1, 2026, validated the company's consistent stand that the proceedings lacked jurisdiction since inception. The Court recorded that despite two opportunities, the plaintiff failed to place on record the FCCB title documents necessary to substantiate its claim as a bondholder of the Ultimate Parent Company.

The litigation, titled Bull Value Incorporated VCC Sub-Fund vs. Walker Chandiok & Co. LLP & Others (Civil Suit No. CS 628/2025), challenged the actions and affairs of Delphi World Money . The Court’s observation that the plaintiff did not file the bond title documents undermines the factual foundation of the allegations. The company stated that these proceedings had created uncertainty for shareholders, customers, and business partners over the past several months.

Key Court Observations

The Honorable Court noted that the plaintiff could not substantiate its standing despite being granted specific directions to do so. The failure to produce the title documents for the bonds claimed to be allotted by GLAS, the Trustee, was a significant factor in the Court's decision to return the plaint.

Impact on Operations

Consequent to the order, the proceedings initiated without jurisdiction stand vacated. The company confirmed that there is no impact on its business operations, financials, or other activities. Management remains focused on governance, compliance, and business growth, continuing operations in the ordinary course.