Capital India Finance Transfers RemitX To Kanji Forex For ₹11.4 Crore

Board approved transfer of the RemitX foreign-exchange business assets to Kanji Forex Private Limited for INR 11.4 Cr; agreement executed on August 31, 2026, with completion targeted by October 31, 2026. The buyer is unrelated to the promoter group and the transaction is not a related-party transaction. This exits a recurring loss-making legacy business and supports Capital India Finance's shift toward secured MSME lending. Completion remains subject to regulatory approvals and other conditions; the company will apply to surrender its RBI Authorised Dealer Category-II licence. RemitX contributed 4.7% of FY26 consolidated revenue, while most disclosed net assets are outside the transaction.