DELPHI WORLD MONEY LIMITED has informed the Exchange about General Updates
DELPHIFX · price
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Delphi World Money Limited announced that its subsidiary Ebix Travels Private Limited has incorporated a new wholly-owned step-down subsidiary called Mercury Travels Private Limited on March 9, 2026. The new entity will operate in the travel and hospitality space, offering travel solutions and holiday planning services. Mercury Travels has been set up with an authorized share capital of ₹15 lakh (1.5 lakh equity shares of ₹10 each) and an initial subscription of ₹5 lakh fully paid by Ebix Travels. The company is yet to commence business operations. This is an internal group restructuring aimed at expanding the group's presence in the travel and hospitality sector, which is adjacent to Delphi's core forex/remittance business.
For retail shareholders, this is a routine corporate restructuring move to build a dedicated vertical in travel and hospitality. There is no immediate financial impact as the new entity is just being incorporated with minimal capital and has not started operations. Investors should watch for future updates on business progress and capital infusion into this new subsidiary.