Delphi World Money Continues Slide, Drops More Than 15% in Two Sessions Following Rights Issue Announcement

Mumbai, October 28, 2025 – Delphi World Money Limited’s shares (NSE: DELPHIFX, BSE: 533452) fell for the second consecutive session – dropping more than 5% on Tuesday’s trading session. Further extending its losses from the previous session, when it touched a 10% lower circuit after opening its ₹99.76 crore Rights Issue. The stock has fallen almost 15% in just the last two trading days – showing wary investor sentiment over the fundraising plan.

Market Performance Snapshot

As of 12:10 p.m. IST on October 28, 2025, the stock was trading at ₹206.39, down ₹11.64 or 5.34%. The stock opened at ₹214.01 and hit an intraday high of ₹215.00 before falling to a low of ₹201.70. Its VWAP was ₹208.22. With a market cap of ₹337.37 crore, Delphi World Money now trades in a 52-week range of ₹102.02 to ₹288.79. In spite of recent falls, the stock continues to trade above its yearly low due to long-term investor demand for its foreign exchange and digital services bouquet.

Rights Issue Details and Objective

Delhi World Money opened its ₹99.76 crore Rights Issue on October 27, 2025 – with 52.23 lakh fully paid-up equity shares at ₹191 per share with a premium of ₹181 per share on face value of ₹10. Eligible shareholders are entitled to receive 23 shares for every 49 held as of the record date, October 14, 2025. The issue will close on November 7, 2025, while the last date for on-market renunciation is November 3, 2025. The company plans to use the proceeds to strengthen its – capital base, fund inorganic growth, and advance digital transformation in its forex, travel, and remittance businesses.

Delhi World Money Limited, an RBI-licensed Category II Authorised Dealer dealing in foreign exchange, remittance, and financial services, was established in 1985. It is the flagship business of Ebix Inc. for its international travel and hospitality operations – bringing together brands such as Mercury Travels and online platforms in.via.com to provide single financial and travel solutions across India and in global markets.

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