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Delphi World Money Limited ( (IN:DELPHIFX) ) has shared an update.
Delphi World Money Limited’s board has approved a plan to raise up to Rs. 100 Crores through a rights issue of fully paid-up equity shares. This move aims to strengthen the company’s financial position and involves setting up a Rights Issue Committee to oversee the process, including determining terms and engaging necessary experts. The appointment of CARE Ratings Limited as the Monitoring Agency ensures compliance with SEBI regulations, potentially impacting stakeholders by enhancing transparency and governance.
More about Delphi World Money Limited
Delphi World Money Limited, formerly known as EbixCash World Money India Limited, operates in the financial services industry, focusing on forex and related financial services. The company is headquartered in Mumbai, Maharashtra.
Average Trading Volume: 7,724
Technical Sentiment Signal: Hold
Current Market Cap: 2.21B INR
For detailed information about DELPHIFX stock, go to TipRanks’ Stock Analysis page.