Delphi World Money Refutes Unauthorized Claims, Affirms Rights Issue Completion Amid Financial Stability
Delphi World Money Limited has issued a clarification denying unauthorized communications from Bull Value Incorporated VCC Sub-Fund regarding legal proceedings. The company confirms that the case file in question has been withdrawn. Delphi World Money states that its rights issue has been completed in compliance with regulations, with allotted shares credited and listed. The company's financial position shows stable equity despite a slight decrease in total assets. Delphi World Money condemns the circulation of misleading information and urges investors to rely on official disclosures only.

*this image is generated using AI for illustrative purposes only.
Delphi World Money Limited (NSE: DELPHIFX, BSE: 533452) has issued a clarification addressing unauthorized communications and reaffirming its financial position. The company has strongly denied claims made by Bull Value Incorporated VCC Sub-Fund regarding ongoing legal proceedings, stating that the case file in question has been withdrawn.
Unauthorized Communications and Legal Proceedings
Delphi World Money emphasized that Bull Value Incorporated VCC Sub-Fund holds no authority to communicate on behalf of the company. The clarification comes in response to what the company describes as 'unauthorized and misleading communication' dated November 27, which was reportedly circulated to numerous right-issue applicants and shareholders.
The company stated that the order dated November 27, passed by the Trial Court for Status Quo was not only unreasoned but has since been superseded. On November 28, a fresh Transfer Petition was filed before the Principal District and Sessions Judge, Dwarka, which has been allowed, and the case file from the Trial Court has been withdrawn.
Rights Issue Completion and Compliance
In its statement, Delphi World Money confirmed that its rights issue has been completed in full compliance with regulatory approvals. The company assured stakeholders that:
- All shares allotted towards successful applications received in the rights issue have been credited.
- These shares are now listed and freely tradable.
- Proceeds from the rights issue have been utilized as per the approved objectives.
Financial Position
To provide context on the company's financial stability, let's look at key figures from Delphi World Money's balance sheet:
| Metric (in crore Rs) | Current Year | 1 Year Ago | Change (%) |
|---|---|---|---|
| Total Assets | 309.50 | 320.10 | -3.31% |
| Current Assets | 203.60 | 299.90 | -32.11% |
| Total Equity | 223.60 | 221.70 | 0.86% |
| Current Liabilities | 56.20 | 62.60 | -10.22% |
Despite a slight decrease in total assets, the company's equity position has remained stable with a marginal increase of 0.86% year-over-year. The reduction in current liabilities by 10.22% could be seen as a positive indicator of the company's debt management.
Company's Response to Misinformation
Delphi World Money has strongly condemned the circulation of misleading information through social media and WhatsApp forwards. The company views these activities as inappropriate and inconsistent with principles of market integrity.
Investor Guidance
The company has urged investors and market participants to rely solely on official disclosures and to disregard any unauthorized communications, however widely circulated, as incomplete and potentially misleading.
Delphi World Money remains committed to maintaining transparency in its disclosures and continuing its strategic growth initiatives as planned. The company assures stakeholders that its business operations are running as usual, emphasizing its resolve to address unauthorized access to investor data, misinformation, and misrepresentation.
As the situation develops, investors are advised to stay tuned to official company announcements and regulatory filings for the most accurate and up-to-date information regarding Delphi World Money Limited.
Historical Stock Returns for Delphi World Money
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.72% | +10.81% | +21.61% | +115.65% | +22.36% | -48.73% |



































