Delphi World Money Limited , an RBI-authorized Category II Authorized Dealer, has launched a rights issue to raise approximately ₹99.76 crore. This move marks a significant step in the company's transformation from a traditional forex and remittance service provider to a comprehensive travel-fintech platform.

Rights Issue Details

The company has opened a rights issue of 52.23 lakh equity shares, priced at ₹191 per share, which includes a face value of ₹10 and a premium of ₹181. Eligible shareholders can subscribe to 23 equity shares for every 49 shares held. The key dates for the rights issue are as follows:

Strategic Expansion and Capital Utilization

The proceeds from the rights issue are earmarked for several strategic initiatives:

1. Strengthening the company's capital structure
2. Supporting investments in Ebix Travels Private Limited
3. Driving digital transformation across travel, forex, and remittance verticals

Delphi's expansion strategy includes the recent acquisition of management control in Ebix Travels Private Limited. This move has broadened the company's service portfolio to include:

• MICE (Meetings, Incentives, Conferences, Exhibitions) services
• Airline ticketing (domestic and international)
• Curated tours and luxury holiday experiences
• Hotel bookings
• Car rentals

Market Position and Future Outlook

Delphi World Money is positioning itself at the intersection of India's rapidly growing travel and tourism sector, which is expanding at a CAGR exceeding 15%, and the global travel industry valued at USD 9 trillion. The company aims to leverage its regulatory strengths and operational expertise to capture growth opportunities in this converging market of travel and financial services.

TC Guruprasad, Chairperson of Delphi World Money Limited, stated, "The Rights Issue represents a defining milestone in Delphi's growth journey, underscoring our commitment to strengthening the Company's capital base and unlocking its next phase of expansion."

Long-term Strategy

Looking ahead, Delphi's strategic roadmap includes:

• Expanding its equity position in Ebix Travels
• Exploring potential amalgamation opportunities (subject to regulatory approvals)
• Launching unified digital platforms for travel, forex, and cross-border remittances
• Deepening corporate and institutional relationships across travel, tourism, and global payments sectors

Through these initiatives, Delphi World Money Limited aims to establish itself as a scalable, sustainable, and technology-driven global travel-fintech platform headquartered in India, potentially reshaping the landscape of financial and travel services in the country.

Delphi World Money Limited (formerly known as EbixCash World Money India Limited) has announced the opening and closing dates for its ongoing Rights Issue of equity shares. The company informed the BSE and NSE about the publication of pre-issue newspaper advertisements on October 22, 2025.

Rights Issue Details

Advertisement Publications

The pre-issue advertisements were published in the following newspapers:

1. Business Standard (English national daily)
2. Business Standard (Hindi national daily)
3. Pratahkal (Marathi national daily)

Key Information for Investors

Eligible shareholders can participate in the Rights Issue through the ASBA (Application Supported by Blocked Amount) process. The company has emphasized that the credit of Rights Entitlements and allotment of Rights Equity Shares will be made only in dematerialized form.

Shareholders holding equity shares in physical form as of the Record Date (October 14, 2025) are advised to provide their demat account details to the Registrar or the company at least two working days prior to the Issue Closing Date (November 3, 2025).

Company Background

Delphi World Money Limited, originally incorporated as Chanakya Holdings Private Limited in 1985, has undergone several name changes over the years. The company's current name was adopted on August 9, 2021, reflecting its evolution in the financial services sector.

Investors are encouraged to review the Letter of Offer for complete details about the Rights Issue and associated risks before making an investment decision.