Delphi World Money Approves Rights Issue Completion, Share Split, and Bonus Issue

2 min read     Updated on 14 Nov 2025, 10:21 AM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Delphi World Money Limited has announced several corporate actions following a board meeting on November 14, 2025. The company completed a Rights Issue and plans to split shares from INR 10 to INR 2 face value, issue bonus shares in a 2:1 ratio, and increase authorized share capital from INR 30 crore to INR 50 crore. These actions aim to improve stock liquidity and accessibility for retail investors. An Extraordinary General Meeting will be held for shareholder approval.

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*this image is generated using AI for illustrative purposes only.

Delphi World Money Limited (formerly EbixCash World Money India Limited) has announced a series of significant corporate actions following a board meeting held on November 14, 2025. The company's board has approved several key measures aimed at enhancing shareholder value and improving stock liquidity.

Rights Issue Completion

The board noted the successful completion of the company's Rights Issue and confirmed that the issue proceeds have been deployed in accordance with the stated objectives. The management expressed gratitude for the overwhelming response from shareholders and investors, viewing it as a testament to their trust in the company's growth trajectory and business aspirations.

Share Split and Bonus Issue

Subject to shareholder and regulatory approvals, the board has approved the following actions to improve stock liquidity and make shares more accessible to retail investors:

  1. Share Split: The face value of equity shares will be sub-divided from INR 10 to INR 2 each. This means one existing equity share of INR 10 will be split into five equity shares of INR 2 each.

  2. Bonus Issue: The company plans to issue bonus shares in the ratio of 2:1, meaning shareholders will receive two new fully paid-up equity shares of INR 2 each for every one existing share held.

Increase in Authorized Share Capital

The board has also approved an increase in the company's authorized share capital from INR 30 crore to INR 50 crore, subject to shareholder approval. This increase will accommodate the proposed bonus issue and provide room for future capital raising if needed.

Key Financial Details

The following table summarizes the changes in share capital structure:

Particulars Pre-Corporate Actions Post-Corporate Actions
Face Value 10.00 2.00
Authorized Share Capital 30.00 50.00
Number of Authorized Shares 3,00,00,000 25,00,00,000
Subscribed and Paid-up Shares 16,35,11,85 24,52,67,775
Subscribed and Paid-up Capital 16,35,11,850.00 49,05,35,550.00

Extraordinary General Meeting

The company will convene an Extraordinary General Meeting (EGM) to seek shareholder approval for these corporate actions. The date for the EGM and the record date for the share split and bonus issue will be announced in due course.

Management Commentary

While specific management quotes were not provided, the company's actions suggest a focus on rewarding shareholders and improving stock liquidity. The successful completion of the rights issue and the proposed bonus shares indicate confidence in the company's financial position and future prospects.

These corporate actions, once approved and implemented, are expected to make Delphi World Money's shares more accessible to a broader range of investors, potentially enhancing trading volumes and shareholder participation in the company's growth story.

Investors and shareholders should note that these corporate actions are subject to necessary approvals and regulatory clearances. The company will provide further updates as the process moves forward.

Historical Stock Returns for Delphi World Money

1 Day5 Days1 Month6 Months1 Year5 Years
+3.12%+1.63%-12.04%+64.60%-29.36%-57.63%
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Delphi World Money Completes Rights Issue, Raises ₹99.76 Crores

1 min read     Updated on 11 Nov 2025, 06:07 AM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Delphi World Money Limited has completed a rights issue, raising ₹99.76 crores by issuing 52,23,295 equity shares at ₹191 each. The company's paid-up equity share capital increased from ₹11.13 crores to ₹16.35 crores, with the total number of shares rising from 1,11,27,890 to 1,63,51,185. This represents a 46.94% increase in outstanding shares and paid-up capital. The Rights Issue Committee approved the allotment on November 10, following the finalization of the basis of allotment in consultation with the Registrar and as approved by the BSE.

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*this image is generated using AI for illustrative purposes only.

Delphi World Money Limited (formerly known as EbixCash World Money India Limited) has successfully concluded its rights issue, raising ₹99.76 crores through the issuance of 52,23,295 equity shares. This corporate action marks a significant development for the company, bolstering its capital base.

Rights Issue Details

The rights issue, which was open from October 27 to November 07, saw the company offer shares at ₹191.00 each, including a premium of ₹181.00 per share. The Rights Issue Committee approved the allotment on November 10, following the finalization of the basis of allotment in consultation with Bigshare Services Private Limited, the Registrar to the Issue, and as approved by the Bombay Stock Exchange (BSE), the Designated Stock Exchange for the Issue.

Impact on Share Capital

The successful completion of the rights issue has led to a substantial increase in the company's paid-up equity share capital. Here's a breakdown of the changes:

Particulars Pre-Rights Issue Post-Rights Issue
Number of Equity Shares 1,11,27,890 1,63,51,185
Paid-up Share Capital (₹ crores) 11.13 16.35

This expansion in the equity base represents a 46.94% increase in the number of outstanding shares and the paid-up capital.

Regulatory Compliance

The company has informed the stock exchanges about the outcome of the Rights Issue Committee meeting, which commenced at 6:50 p.m. (IST) and concluded at 8:00 p.m. (IST) on November 10. This disclosure is in line with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's commitment to regulatory compliance and transparency.

Conclusion

The successful completion of this rights issue provides Delphi World Money Limited with additional financial resources. Shareholders and market observers may be interested in how the company utilizes these funds in the future.

Historical Stock Returns for Delphi World Money

1 Day5 Days1 Month6 Months1 Year5 Years
+3.12%+1.63%-12.04%+64.60%-29.36%-57.63%
Delphi World Money
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