One Mobikwik Systems Limited — Important, 30-04-2025: Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvals

MobiKwik Systems Limited's subsidiary, Zaak ePayment Services Private Limited, has received a Certificate of Authorisation from the Reserve Bank of India to operate as an "Online Payment Aggregator." This approval is pivotal, allowing Zaakpay to expand within the digital payments sector, thereby strengthening the company's operational capabilities and market presence. The certificate's lack of an expiry date ensures long-term viability for this subsidiary, marking a strategic advancement in a rapidly growing industry, which is a positive sign for investors.