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Capital India Finance agreed to transfer its RemitX foreign-exchange assets to unrelated Kanji Forex for ₹11.4cr, subject to approvals, targeted by October 31, 2026, and will seek surrender of its AD-II licence. RemitX generated FY26 consolidated revenue of ₹24.93cr (4.68%). Context: exits a recurring loss-making business.
Capital India Finance Approves RemitX Forex Asset Transfer To Niyo
Capital India Finance Transfers RemitX To Kanji Forex For ₹11.4 Crore