DELPHI WORLD MONEY LIMITED has informed the Exchange regarding Notice of Postal Ballot
DELPHIFX · price
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Delphi World Money Limited (formerly Ebixcash World Money India) has sent a Postal Ballot Notice to shareholders for voting on 9 resolutions via remote e-voting from March 13, 2026 to April 11, 2026 (cut-off date March 6, 2026). Three items seek shareholder approval to appoint Mr. Arun Batra, Ms. Bhawna Sharma, and Mr. Kamal Ghildiyal as Executive Directors (all appointed as Additional Directors from February 14, 2026). Two special resolutions seek to raise the company's Section 185 loan/guarantee limit and the Section 186 loan and investment limit, each up to ₹10,000 million. The remaining four resolutions cover material related party transactions by subsidiary Ebix Travels Private Limited – with Eraaya Lifespaces Limited (₹580 million for FY26 and ₹2,750 million for FY27) and with other related parties (₹15,040 million for FY26 and ₹20,590 million for FY27). Results are to be announced on or before April 14, 2026.
Retail investors should review the director appointments and the very large related party transaction limits (totalling over ₹35,000 million across FY26 and FY27 for subsidiary Ebix Travels) before voting, as these are material for the company's capital allocation and governance.