BSECompany Update1h ago · 22 Jul 2026, 04:03 pm
Media Release titled "EBIX LIMITED WELCOMES RBI''S LANDMARK APPROVAL EXPANDING EBIXCASH WORLD MONEY''S TRADE REMITTANCE CAPABILITIES- EbixCash World Money becomes India''s first non-bank ....
EBIX Ltd · 531035
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Ebix Limited's subsidiary, EbixCash World Money, has received RBI approval to undertake trade remittances, becoming the first non-bank institution in India to receive such approval, expanding its perpetual Authorised Dealer Category-II (AD-II) license.
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EBIX Ltd - 531035 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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EBIX LIMITED
( Formerly known as Eraaya Lifespaces Limited)
CIN: L 74899 DL 1967 PLC 004704
Corporate Office: Vikas House,3, Arihant Nagar
Punjabi Bagh West, Delhi-110026
Listing Compliance Department July 22, 2026
BSE Limited
Phirozee Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai – 400001
Scrip Code: 531035 (ISIN: INE432F01032)
Subject: Submission of Media Release titled “EBIX LIMITED WELCOMES RBI'S
LANDMARK APPROVAL EXPANDING EBIXCASH WORLD MONEY'S
TRADE REMITTANCE CAPABILITIES- EbixCash World Money becomes
India's first non-bank institution to receive RBI approval to undertake
trade remittances, further expanding the scope of its perpetual
Authorised Dealer Category-II (AD-II) license”
Dear Sir/Ma’am,
Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements)
Regulations, 2015, please find enclosed herewith copy of Media Release titled “EBIX LIMITED
WELCOMES RBI'S LANDMARK APPROVAL EXPANDING EBIXCASH WORLD MONEY'S TRADE
REMITTANCE CAPABILITIES- EbixCash World Money becomes India's first non-bank institution
to receive RBI approval to undertake trade remittances, further expanding the scope of its
perpetual Authorised Dealer Category-II (AD-II) license.”
You are requested to kindly take the above information on record.
Thanking you,
Yours Faithfully,
For Ebix Limited
(formerly known as Eraaya Lifespaces Limited)
Urvashi Upadhyay
(Company Secretary & Compliance Officer
www. e r a a y a l i f e . com + 91 1 1 4 4 1 9 1 9 1 9 contact@ er aayalife. com
Regd. Office: 54, Janpath, New Delhi, India-1 10001
EBIX LIMITED
( Formerly known as Eraaya Lifespaces Limited)
CIN: L 74899 DL 1967 PLC 004704
Corporate Office: Vikas House,3, Arihant Nagar
Punjabi Bagh West, Delhi-110026
MEDIA RELEASE
EBIX LIMITED WELCOMES RBI'S LANDMARK APPROVAL EXPANDING EBIXCASH
WORLD MONEY'S TRADE REMITTANCE CAPABILITIES
EbixCash World Money becomes India's first non-bank institution to receive RBI
approval to undertake trade remittances, further expanding the scope of its
perpetual Authorised Dealer Category-II (AD-II) license.
New Delhi | 21 July 2026: Ebix Limited (formerly known as Eraaya Lifespaces Limited)
is pleased to announced that its flagship subsidiary for payments business EbixCash World
Money Limited has received approval from the Reserve Bank of India (RBI) to undertake
trade remittances, becoming the first non-bank institution in India to receive such
approval. The approval expands the scope of EbixCash World Money's existing perpetual
Authorised Dealer Category-II (AD-II) licence and marks a significant milestone in the continued
evolution of India's regulated cross-border payments ecosystem.
The approval enables EbixCash World Money to undertake trade remittances in accordance with
the applicable regulatory framework prescribed under the Foreign Exchange Management Act
(FEMA) and the directions issued by the Reserve Bank of India. It broadens the Company's
regulated service portfolio by enabling participation in an important segment of cross-border
payment services that has traditionally been serviced primarily through banking channels.
India's growing integration with global markets, expanding merchandise trade, increasing
participation of MSMEs in international commerce and rising cross-border financial flows
continue to create sustained demand for efficient, technology-enabled and fully compliant
payment solutions. The expanded scope of EbixCash World Money's AD-II licence positions the
business to support these evolving requirements through a broader range of regulated cross-
border payment services.
EbixCash already operates a well-established foreign exchange and cross-border payments
business supported by an extensive nationwide distribution network, technology-driven
operating platform and long-standing customer relationships across retail and corporate
segments. The addition of trade remittance capabilities builds upon these existing strengths,
enabling the business to deliver a broader suite of integrated and regulated cross-border
payment solutions through a single platform.
The approval represents another important step in the continued expansion of Ebix's regulated
financial services platform. Together with its existing businesses across foreign exchange,
remittances, payments, travel, insurance exchanges and financial technology, the additional
capability further strengthens the Group's integrated financial services ecosystem and supports
its long-term strategy of building a diversified technology-led platform serving customers across
multiple markets.
www. e r a a y a l i f e . com + 91 1 1 4 4 1 9 1 9 1 9 contact@ er aayalife. com
Regd. Office: 54, Janpath, New Delhi, India-1 10001
EBIX LIMITED
( Formerly known as Eraaya Lifespaces Limited)
CIN: L 74899 DL 1967 PLC 004704
Corporate Office: Vikas House,3, Arihant Nagar
Punjabi Bagh West, Delhi-110026
Mr. T. C. Guruprasad, CEO & Managing Director – EbixCash World Money Ltd. said:
“This approval marks an important milestone for EbixCash World Money and expands the range
of regulated solutions that we are able to provide to our customers. We remain committed to
maintaining the highest standards of regulatory compliance, governance, operational excellence
and customer service as we continue to strengthen our payments platform."
"India's international trade and cross-border payments landscape is undergoing rapid
transformation. Over the years, we have invested consistently in technology, compliance
infrastructure, operational capabilities and nationwide distribution to build a scalable and
resilient payments business. This approval enables us to extend those capabilities into an
important new segment of the market and better serve businesses engaged in international
trade with efficient, technology-driven and compliant payment solutions."
"We believe the long-term opportunity is significant. As cross-border commerce continues to
expand, businesses increasingly require integrated payment solutions that combine technology,
compliance and operational efficiency. Ebix is well positioned to participate in this evolving
landscape, and we remain focused on delivering sustainable value to customers, partners and
shareholders through disciplined execution and responsible growth."
The approval is expected to further strengthen EbixCash's ability to provide integrated foreign
exchange and cross-border payment solutions by leveraging the Group's established payments
infrastructure, technology platform and customer reach. It also complements the Company's
ongoing efforts to broaden its regulated financial services offerings while maintaining a strong
focus on compliance, operational discipline and customer-centric innovation.
As Ebix continues to expand its regulated payments platform, the Company remains focused on
long-term value creation through responsible growth, technology-led innovation and disciplined
execution. The addition of trade remittance capabilities further enhances the breadth of its
regulated offerings and supports the Group's strategy of building one of the region's most
comprehensive cross-border payments and financial technology platforms.
This also reflects the continued evolution of India's financial services ecosystem, where
technology-enabled institutions operating within robust regulatory frameworks are playing an
increasingly important role in supporting international trade, global commerce and cross-border
financial connectivity. Ebix looks forward to working closely with customers, regulators and
other participants in contributing to this next phase of India's cross-border payments journey.
About Ebix Limited
Ebix Limited (formerly known as Eraaya Lifespaces Ltd) is a global holding company of Ebix Inc.
and its worldwide subsidiaries. Following a strategic transition in 2024, Ebix Limited has evolved
from its conventional roots in lifestyle and hospitality into a diversified, technology-led holding
platform with operations across 13 countries serving enterprise
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