5th Floor, Transcorp Towers,

Moti Doongri Road,

Jaipur-302004 (Rajasthan)
Telephone: 2363888, 23639999
Fax: 91-141-237 2066
CIN:L51909DL1994PLC235697
Web-Site: www.transcorpint.com
E-mail: corp@transcorpint.com

Date: 22.03.2016
Bombay Stock Exchange
25, P.J. Towers,
Dalal Street,
Mumbai
Reg.: Press Release
Ref.: Transcorp International Limited
Script Code: 532410
Dear Madam/Sir,
With reference to above please find enclosed press release to be posted on your web site.
Kindly post the same on your web site and oblige.
Thanking you
Yours faithfully
For Transcorp International Limited

Dilip Kumar Morwal

Company Secretary and Principal Officer (AMLC)
Encl.: As above

Regd Office: Plot No. 3, HAF Pocket, Sector 18A, Dwarka, New Delhi-110075

5th Floor, Transcorp Towers,

Moti Doongri Road,
Jaipur-302004 (Rajasthan)
Telephone: 2363888, 23639999
Fax: 91-141-237 2066
CIN:L51909DL1994PLC235697
Web-Site: www.transcorpint.com
E-mail: corp@transcorpint.com

Press Release
Transcorp International gets in-principle RBI authorisation for semi closed pre-paid
payment instrument (PPI) service
New Delhi, March 22, 2016: Transcorp International Limited, a leading forex and money
transfer firm, has received the in-principle authorisation from the Reserve Bank of India for
running semi closed pre-paid payment instruments (PPI) service.
Semi-Closed pre-paid payment Instruments (PPI) are payment instruments which can be
used for purchase of goods and services, including financial services at a group of clearly
identified merchant locations/ establishments which have a specific contract with the issuer
to accept the payment instruments. Apart from this payment wallets can also be created.
These instruments do not permit cash withdrawal or redemption by the holder.
Post getting final approval from the RBI, the company will be able to issue and operate the
said payment instruments and create the payment wallets including mobile wallets.
We are now one step closer for running the semi closed pre-paid payment instruments
service. Post final authorization, the company will be able to enhance the business
opportunities in new areas, said Mr. Himanshu Gupta, Chief Operating Officer, Transcorp
International Ltd,
In recent past we have started various new business activities like domestic money transfer,
general insurance as well as we are functioning as national level banking correspondence
for the State Bank of India. We look forward for some other new business opportunities to
broaden the areas of business, he added.
Transcorp is one of the leading principal agents of Western Union with having more than 40
own locations and a franchisee network of more than 7,500 throughout the country. It is also
an authorized dealer category II licensed by RBI and providing money changing service from
21 of its own locations.
About Transcorp International Limited (www.transcorpint.com) :
Transcorp International Limited is one of the leading players in Inward Remittance, Foreign
Exchange, Travels & Tours Business in India. Transcorp is having more than 40 own
locations throughout the country and more than 7,500 franchisee. With its Customer centric
approach and professional management, Transcorp follows strong corporate governance
and is committed to value creation for its stakeholders.
Its product offering includes:Inward Remittance: Transcorp is one of the leading principal agent of Western Union and
having more than 40 own locations and a franchisee network of more than 7500 throughout
the country.

Regd Office: Plot No. 3, HAF Pocket, Sector 18A, Dwarka, New Delhi-110075

5th Floor, Transcorp Towers,

Moti Doongri Road,
Jaipur-302004 (Rajasthan)
Telephone: 2363888, 23639999
Fax: 91-141-237 2066
CIN:L51909DL1994PLC235697
Web-Site: www.transcorpint.com
E-mail: corp@transcorpint.com

Money Changing: Transcorp is an Authorized Dealer Category II licensed by Reserve Bank

of India and providing this service from 21 of its own locations.
Travels, Tours and Car Rental: Ritco Travels and Tours Private Limited a wholly owned
subsidiary of Transcorp International Limited is offering all kind of quality services related to
travels and tours (as mentioned below). The company is having 4 IATA approved locations
and sub-agents network of more than 2000. The division is having online portal names
www.ritcotravels.com.
- Air Ticketing- Domestic and International - Tour Packages both In-bound and Out-bound
- Hotel Booking - Passport and VISA Documentation and facilitation
- MICE - Car Rental
For Further Details Contact:
Mr. Dilip Morwal, Company Secretary
Mobile: +91-9352558224
Email: dilip@transcorpint.com

Regd Office: Plot No. 3, HAF Pocket, Sector 18A, Dwarka, New Delhi-110075