Delphi World Money Incorporates Wholly-Owned Subsidiary, Mercury Travels Private Limited
Delphi World Money Limited incorporated Mercury Travels Private Limited, a wholly-owned subsidiary, on March 9, 2026. The new entity will focus on travel solutions and holiday planning. Initial subscription is ₹5,00,000 lakh.
The incorporation of a step-down subsidiary for travel solutions is a strategic move but does not represent a significant immediate financial impact on the parent company.
The announcement is a routine corporate action of incorporating a subsidiary and does not contain any immediate positive or negative financial impact.
DELPHI WORLD MONEY LIMITED (erstwhile Ebixcash World Money India Limited) announced the incorporation of its wholly-owned subsidiary, Mercury Travels Private Limited, on March 9, 2026. This new entity, incorporated by Ebix Travels Private Limited (a subsidiary of Delphi World Money Limited), aims to provide travel solutions and holiday planning services.
The incorporation is in line with SEBI Listing Regulations. Mercury Travels Private Limited has an authorized share capital of ₹15,00,000, divided into 1,50,000 equity shares of ₹10 each. The initial subscription amount for the incorporation of Mercury Travels Private Limited is ₹5,00,000 lakh, with Ebix Travels Private Limited subscribing to 100% of the equity shares. The company is yet to commence business operations.
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DELPHI WORLD MONEY LIMITED filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by DELPHI WORLD MONEY LIMITED. Read the original for the full detail.