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.