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    ALPHA TRIBE

    Capital India Finance Limited — Board Meeting, 31-08-2026: Outcome of Board Meeting

    31-08-2026 | 06:38 pm

    Capital India Finance's board has approved selling its 'RemitX' foreign exchange business to Kanji Forex for ₹11.40 Cr. This strategic move means CIFL will surrender its AD-II Licence. RemitX contributed ~4.7% to turnover last fiscal. Deal expected to close by October 31.

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