RXIL Becomes India’s First TReDS Platform to Declare Interim Dividend
On January 2026, Receivables Exchange of India Limited(RXIL), a Trade Receivables Discounting System (TReDS) platform, has declared and paid an interim dividend of 21.6% on the face value of its shares.
On January 2026, Receivables Exchange of India Limited(RXIL), a Trade Receivables Discounting System (TReDS) platform, has declared and paid an interim dividend of 21.6% on the face value of its shares.
- This is the first TReDS platform in India to return capital to stakeholders, which marks a historic milestone in India’s TReDS ecosystem.
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- What: RXIL declares Interim Dividend
- Dividend Rate: 21.6% on face value
- Significance: First TReDS platform in India to return capital to stakeholders
- Objective: Support MSME liquidity and the financing ecosystem
About RXIL:
Launch: Received Reserve Bank of India (RBI) approval in December 2016 executed its first TReDS transaction on 9 January 2017.
Founders & Partners: Joint venture of Small Industries Development Bank of India (SIDBI) and National Stock Exchange (NSE), along with State Bank of India (SBI), ICICI, and Yes Bank.
Function: Digital platform enabling trade receivables financing for Micro Small and Medium Enterprises (MSMEs)
Participation: RXIL stands as the only TReDS platform allowing state government participation, with the Goa and Tamil Nadu(TN) governments actively engaged.
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