NSEGeneral Updates4 Aug 2026 · 4 Aug 2026, 05:54 pm
General Updates
DELPHI WORLD MONEY LIMITED · DELPHIFX
✦ AI Summary▼ NegativeRegulatory
Delphi World Money Limited has received an administrative warning letter from SEBI for non-compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically for failing to disclose 6 pending litigations and a court order. The warning does not impose any monetary penalty or financial liability on the company.
Analysis Scores
Earnings Impact1/10
Growth Catalyst1/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk1/10
Liquidity Impact1/10
Market Sentiment2/10
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DELPHI WORLD MONEY LIMITED has informed the Exchange about General Updates
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DELPHIFX_04082026175322_SEIntimation.pdf
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DELPHI/SEC/2026-27/19 August 04, 2026
Listing Compliance Department Listing Compliance Department
National Stock Exchange of India Limited. BSE Limited.
Exchange Plaza, Bandra-Kurla Complex, Phirozee Jeejeebhoy Towers,
Bandra (E), Mumbai 400051 Dalal Street, Fort,
Fax: 022-26598235/36 Mumbai - 400 001
NSE Symbol: DELPHIFX Scrip Code: 533452
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Ref: SEBI administrative warning letter bearing reference no.
HO/49/13/11(408)2026-CFD-SEC5-I/17467/2026 dated August 04, 2026
Dear Sir/ Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 (“SEBI LODR Regulations”), read with Para A of Part A of Schedule III thereto and the applicable
SEBI Master Circular, we wish to inform you that Delphi World Money Limited (“the Company”) has
received an Administrative Warning Letter dated August 04, 2026 from the Securities and Exchange
Board of India (“SEBI”).
The details as required under Para A of Part A of Schedule III of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 read with the said Master Circular are set out below:
Sr. No. Particulars Details
1. Name of the authority Securities and Exchange Board of India (SEBI),
Corporation Finance Department, Supervision
Enforcement and Complaints (SEC-5).
2. Nature and details of the action(s) SEBI has issued an administrative warning letter
taken, initiated or order(s) passed advising the Company and its Board of Directors
to exercise due care in future to avoid recurrence
of the matters referred to therein, with any
recurrence potentially inviting appropriate action;
the Company has also been advised to place the
said communication before its Board, submit the
Board’s comments to SEBI and make the
requisite disclosure to the Stock Exchanges under
Regulation 30 of the SEBI LODR Regulations.
3. Date of receipt of direction or August 04, 2026
order, including any ad-interim or
interim orders, or any other
communication from the authority
4. Details of the violation(s)/ Non-compliance(s) with Regulation 4 and
contravention(s) committed or Regulation 30 read with Sub-para 8 of Para B of Part
alleged to be committed A of Schedule III of the SEBI LODR Regulations,
were observed.
DELPHI WORLD MONEY LIMITED
Regd. Office: 8th Floor, Manek Plaza, Kalina CST Road, Kolekalyan, Santacruz (E), Mumbai, Maharashtra-400098
Website: www.indiaforexonline.com . E. mail :corp.relations@ebixcash.com . Phone: +91-22-68649800
CIN: L65990MH1985PLC037697
5. Impact on financial, operation or It does not impose any monetary penalty or
other activities of the listed entity, financial liability on the Company.
quantifiable in monetary terms to
Accordingly, there is no quantifiable monetary
the extent possible
impact on the financial position of the Company and
no material impact on its operations or other
activities.
The Company has taken note of the observations of SEBI. The said communication shall be placed
before the Board of Directors at its ensuing meeting for consideration and appropriate comments, as
advised by SEBI. Copy of the said Administrative Warning Letter is enclosed as Annexure A.
You are requested to kindly take the above disclosure on record and oblige.
Thanking you,
Yours faithfully,
for Delphi World Money Limited
Vinay Singh
Company Secretary & Compliance Officer
Membership No.: 44928
Encl.: As above (Annexure A – SEBI letter dated August 04, 2026)
DELPHI WORLD MONEY LIMITED
Regd. Office: 8th Floor, Manek Plaza, Kalina CST Road, Kolekalyan, Santacruz (E), Mumbai, Maharashtra-400098
Website: www.indiaforexonline.com . E. mail :corp.relations@ebixcash.com . Phone: +91-22-68649800
CIN: L65990MH1985PLC037697
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Securities and Exchange Board of India
Chief General Manager
Supervision Enforcement and Complaints (SEC-5)
Corporation Finance Department (CFD)
HO/49/13/11(408)2026-CFD-SECS-I/17467/ 2026
August04,2026
Delphi World Money Limited
8th Floor, Manek Plaza, Kalina CST Road,
Kolekalyan, Santacruz(E),
Mumbai, Maharashtra - 400 098.
Sir,
Kind Attention: Mr. Vinav Singh, Company Secretary & Compliance Officer
Sub: Administrative Warning -Violation of provisions of Regulation 4 and 30 read
with Sub-para 8 of Para B of Part A of Schedule Ill of SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015
1. This has reference to the captioned violation by Delphi World Money Limited.
2. In this regard, we have observed that, you have failed to:
a) Make disclosure of 6 pending litigations dated 15/11/2025, 26/11/2025,
27/11/2025, 28/11/2025 and 13/12/2025 filed by Bull Value Incorporated VCC
sub fund under Regulation 30 of SEBI (LODR) Regulations, 2015 thereby
violating Regulation 30 of SEBI (LODR) Regulations, 2015 read with Sub-para
8 of Para B of Part A of Schedule Ill of SEBI LODR, 2015.
b) Disclose copy of Court order dated 27/11/2025 along with disclosure dated
December 2, 2025 thereby violating Regulation 4 (1) (d) (e) read with
Regulation 30 of SEBI (LODR) Regulations, 2015.
3. The above non-compliance has been viewed seriously. Accordingly, the company
and its Board of Directors are hereby warned and advised to be careful in future to
avoid recurrences of such lapses. Any repetition of the such violation in future will
be viewed seriously and appropriate enforcement action would be initiated in
accordance with the provisions of the SEBI Act, 1992, the Rules, the Regulations
or Circulars issued thereunder.
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SEBI Bhavan, "G" Block, Bandra Kurla Complex, Mumbai - 400 051
www.sebi.gov.in I 022 - 2644 9000 / 4045 9000
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Securities and Exchange Board of India Continuation:
4. You are also advised to place this communication before your board of directors
in the upcoming board meeting and forward their comments to SEBI, as to whether
they are satisfied with the corrective steps taken in ensuring future compliance.
5. You are also advised, to disclose the instant administrative warning letter to the
stock exchange under Regulation 30 of the LODR Regulations, 2015.
Yours faithfully,
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Nirmal Mehrotra --,.