RNFI Services Limited — Important, 28-06-2025: General Updates

RNFI Services Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company has delayed completion of its Rs. 6 Cr investment in its wholly owned subsidiary, RNFI Money Private Limited, to support the subsidiary’s eligibility for a Payment Aggregator Cross Border (PACB) license. The revised timeline for the transaction’s completion is now on or before December, extended from June. RNFI Money Private Limited operates as a full-fledged money changer with turnover of Rs. 643.78 Cr in FY24, focused on expanding its regulated financial services business.