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.

Delphi World Money Limited reported a net loss of ₹17.77 million for the quarter ended March 31, 2026, with total income from operations declining to ₹98.21 million. The company's Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026, at a meeting held on May 28, 2026. The results were reviewed by the Audit Committee and are available on the stock exchange websites and the company's website.

For the financial year ended March 31, 2026, the company reported a net profit of ₹56.17 million on a total income of ₹531.25 million in standalone figures. On a consolidated basis, the net loss for the quarter was ₹18.60 million, while the annual net profit stood at ₹28.83 million. The paid-up equity share capital was recorded at ₹490.54 million for the quarter ended March 31, 2026.

Pursuant to Regulation 33 read with Regulation 47(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has scheduled the newspaper publication of the audited financial results for May 30, 2026. The trading window for designated persons and connected persons remains closed until 48 hours after the declaration of the financial results to ensure compliance with insider trading regulations.

Key Financial Highlights (Standalone)

Key Meeting Details