News Orders & Deals Delphi World Money: Subsidiary Ebix Travels Launches Mercury Travels for Holiday and Travel ServicesDelphi World Money: Subsidiary Ebix Travels Launches Mercury Travels for Holiday and Travel Services
Delphi World Money Limited has incorporated Mercury Travels Private Limited as a step-down subsidiary through Ebix Travels Private Limited with authorized capital of ₹15.00 lakh and initial subscription of ₹5.00 lakh. The new entity will focus on travel solutions and holiday planning services in the hospitality sector.
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Delphi World Money Limited has announced the incorporation of a new step-down subsidiary, Mercury Travels Private Limited, on March 9, 2026. The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting the company's expansion into the travel and hospitality sector.
Subsidiary Structure and Incorporation Details
Mercury Travels Private Limited has been incorporated as a wholly-owned subsidiary of Ebix Travels Private Limited, which is itself a subsidiary of Delphi World Money Limited. The new entity has been established with the primary objective of providing travel solutions and holiday planning services.
| Parameter: | Details |
|---|---|
| Company Name: | Mercury Travels Private Limited |
| CIN: | U55101DC2026PTC469387 |
| Date of Incorporation: | March 9, 2026 |
| Authorized Share Capital: | ₹15.00 lakh |
| Initial Subscription: | ₹5.00 lakh |
| Share Structure: | 1,50,000 equity shares of ₹10 each |
Business Objectives and Industry Focus
Mercury Travels Private Limited will operate in the travel and hospitality industry, focusing on providing comprehensive travel and hospitality services both within India and internationally. The company aims to enhance business visibility in the travel solutions sector through its specialized service offerings.
The incorporation aligns with the group's strategy to expand its service portfolio beyond its traditional business lines. Mercury Travels will carry on business activities related to travel solutions, holiday planning, and other allied services in the hospitality sector.
Financial and Ownership Structure
The newly incorporated entity has been established with cash consideration, with Ebix Travels Private Limited subscribing to 100% of the equity shares. The subscription represents the initial capital commitment to establish the business operations.
| Financial Details: | Amount |
|---|---|
| Authorized Capital: | ₹15.00 lakh |
| Subscription Amount: | ₹5.00 lakh |
| Shareholding: | 100% by Ebix Travels Private Limited |
| Consideration Type: | Cash |
Regulatory Compliance and Approvals
The incorporation has been completed in compliance with applicable regulations, with no additional governmental or regulatory approvals required for the establishment of the subsidiary. The disclosure fulfills the requirements under SEBI regulations for material events and subsidiary formations.
As a newly incorporated entity, Mercury Travels Private Limited has yet to commence business operations, and therefore no historical financial performance data is available. The company's future performance will depend on its ability to establish itself in the competitive travel and hospitality market.
Historical Stock Returns for Delphi World Money
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -7.62% | -15.16% | -38.32% | -95.04% | -91.48% | -97.76% |
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