Delphi World Money Refutes Unauthorized Claims, Affirms Rights Issue Completion Amid Financial Stability

2 min read     Updated on 02 Dec 2025, 11:47 AM
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Suketu GScanX News Team
Overview

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 The company confirms that the case file in question has been withdrawn.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.

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*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Value Incorporated VCC Sub-Fund regarding ongoing legal proceedings, stating that the case file in question has been withdrawn.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that the order dated November 27, passed by the Trial Court for Status Quo was not only unreasoned but has since been superseded.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Principal District and Sessions Judge, Dwarka, which has been allowed, and the case file from the Trial Court has been withdrawn.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:

  1. All shares allotted towards successful applications received in the rights issue have been credited.
  2. These shares are now listed and freely tradable.
  3. 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 Day5 Days1 Month6 Months1 Year5 Years
+0.72%+10.81%+21.61%+115.65%+22.36%-48.73%
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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 SScanX 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
+0.72%+10.81%+21.61%+115.65%+22.36%-48.73%
Delphi World Money
View in Depthredirect
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