BSECompany Update31 Jul 2026 · 31 Jul 2026, 05:21 pm

Renewal of Authorization as AD category II

WSFx Global Pay Ltd · 511147

✦ AI Summary▲ PositiveExpansion

WSFx Global Pay Ltd has received a perpetual Authorised Dealer Category-II (AD-II) licence from the Reserve Bank of India (RBI), enabling the company to undertake expanded cross-border payment operations and forex business.

Analysis Scores

Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10

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Full Announcement

WSFx Global Pay Ltd - 511147 - Announcement Under Regulation 30 SEBI (LODR)

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Date: July 21, 2026 The Manager, Department of Corporate Services, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001 Subject:– Renewal and Grant of Authorised Dealer Category-II (AD Cat-II) Licence in Perpetuity by the Reserve Bank of India (RBI) Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform that the Company has received perpetual Authorised Dealer Category-II (AD-II) licence from the Reserve Bank of India ("RBI") pursuant to the revised regulatory framework introduced under RBI Notification No. FEMA 401/2026-RB. The renewed licence enables the Company to undertake the following activities: 1. Trade remittance within the prescribed regulatory limits. 2. Appoint Forex Correspondent for undertaking Money changing business under FCS; and 3. All eligible non-trade current account transactions, including Family Maintenance (excluding Gift / Donation). The expanded scope of operations represent a significant strategic milestone for the Company, enhancing cross-border payment operations and forex business while leveraging expanded market opportunities under the revised FEMA framework. Additional details as required under SEBI Master Circular No. SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated July 13, 2023, are enclosed herewith as Annexure A. Kindly take the above information on record. Thanking you, Yours faithfully, For WSFx Global Pay Limited Khushboo Doshi Company Secretary Annexure A Details as required under Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Circular dated July 13, 2023: Sr. No. Particulars Details Name of the Licence issuing 1. Reserve Bank of India (RBI) regulatory authority Renewal of Authorised Dealer Category-II (AD Cat-II) Nature of regulatory 2. Licence in Perpetuity with expanded operational scope communication/action under RBI Notification No. FEMA 401/2026-RB. Date of receipt of 3. The email from RBI dated 31.07.2026 communication Period for which the license is 4. In Perpetuity granted Execution of Trade transactions within prescribed limits. Appointment of Forex Correspondents under FCS for Broad details of the licence / 5. money changing business. Eligible Non-Trade Current permissible activities Account transactions, including Family Maintenance (excluding Gift/Donation). Strengthens cross-border payments business, expands Impact / implications on the revenue streams under trade and non-trade current Company account transactions, and improves operational continuity due to perpetual validity.