1. Agent network 3-5x expansion - Management targets growing the 172,000‑strong MOS Pramukh agent network by another 3x to 5x over the next 2-3 years, while also activating the 70% of agents who currently contribute only 30-40% of revenue. Because the platform is already built and annual IT spend runs just \~₹2 cr, incremental agent revenue drops through at high marginal contribution, directly lifting EBITDA from the existing fixed-cost base.
2. Bank of India 2,000‑branch BC mandate - The company has received a mandate from Bank of India to open another 2,000 business‑correspondent branches, adding to the 1,100 PSU bank branch points already operated through subsidiary JC Ventures. Each new branch expands the recurring fee‑based income stream from savings accounts, deposits, withdrawals and loan recovery in under‑served rural areas.
3. Jio Payments Bank BC agreement - A Business Correspondent agreement with Jio Payments Bank took effect from 11 November 2025, authorising MOS to deliver account opening, AePS, remittance and other banking services across its pan‑India agent network. The partnership opens a new revenue channel by monetising the existing distribution infrastructure with a large, well‑capitalised banking partner.
4. JC Ventures and Samvriddhi stake increase - The board approved acquiring an additional 40.25% of JC Ventures and 40% of Samvriddhi Inclusive Growth Network, to be settled by issuing MOS shares at ₹290 apiece. Consolidating ownership of the banking‑services subsidiaries increases MOS’s claim on the profits of the fastest‑growing segment without an upfront cash outlay.
5. MOS Digital QR instant settlement - The company launched “Early Settlement through Digital QR,” which credits QR payments instantly to the merchant’s MOS Wallet instead of the industry‑standard T+1 settlement. Real‑time liquidity for retailers drives merchant stickiness and transaction volumes on the MOS platform, strengthening the core payments revenue line.
6. DigiAsia international branchless‑banking partnership - MOS and NASDAQ‑listed DigiAsia expanded their partnership to integrate MOS technology for branchless banking in Indonesia, targeting over one million merchants as financial‑service agents. The collaboration opens a revenue stream from a US$30‑billion‑plus opportunity without requiring MOS to build its own overseas distribution from scratch.
7. Payment Aggregator and PPI licence groundwork - Shareholders approved altering the Memorandum of Association to permit the business of a Payment Aggregator and the issuance of Prepaid Payment Instruments, subject to RBI approval, and increased authorised share capital to ₹75 cr. Securing these licences would allow MOS to capture the economics of payment processing and float income, moving up the value chain from pure distribution.