Swastik Safe Deposit & Investments Limited has voluntarily surrendered its NBFC license, leading to cancellation by RBI effective July 24, 2023. The company failed to meet RBI's Principal Business Criteria, with financial income less than 50% of gross income. It plans to transition to investing in non-financial assets, trading activities, and aims to register as a stockbroker. The company must change its name within 30 days and amend its Memorandum of Association to remove financial business clauses.