Regulatory Authority: Reserve Bank of India (Foreign Exchange Department)
License Details: AD Category-II Licence No. NDL-ADII-0001-2023
Nature of Approval: Renewal-cum-amendment under Foreign Exchange Management (Authorised Persons) Regulations, 2026
Validity Period: The license shifts from annual renewal to perpetual validity, unless modified, suspended, or revoked by RBI in accordance with applicable regulatory framework
Business Impact
Enables continuation of principal business activities of Money Changing
Permits carrying out other activities as may be permitted under the Foreign Exchange Management (Authorised Persons) Regulations, 2026, as amended, modified, re-enacted, or replaced from time to time
Aligns the company's license with the revised regulatory framework
Ensures continuity of authorised foreign exchange activities
