Date: October 23, 2026
Regulatory Approval Disclosure
Authorization Details
- Spice Money Limited, a material subsidiary of DiGiSPICE Technologies Limited, received in-principle authorization from the Reserve Bank of India (RBI)
- Authorization granted to operate as a Payment Aggregator-Physical (PA-P) under the Payment and Settlement Systems Act, 2007
- Authorization received via email dated October 23, 2026
Authorization Conditions and Validity
- In-principle authorization is subject to fulfilment of conditions specified by RBI within stipulated timeline
- Final authorization will be granted after conditions are met
- Period of validity not explicitly specified in the disclosure
Business Impact
- The authorization will help Spice Money Limited scale-up its revenue
- Expected to enable expansion and leveraging of its merchant network as a Payment Aggregator-Physical
Regulatory Context
- Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Reference made to SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, as amended
Not Applicable Sections
- No withdrawal, cancellation, or suspension of license
- No monetary impact or penalty disclosed at this stage