Acquisitions30 March 2026 at 01:54 pm
Intellect Money Finvest Acquires 45 Lakh Equity Shares of Purple Finance Ltd via Warrant Conversion
AI Summary
Intellect Money Finvest Pvt Ltd has disclosed the acquisition of 45,00,000 Equity Shares of Purple Finance Ltd pursuant to the conversion of warrants allotted on a preferential basis. This acquisition is in compliance with the SEBI (SAST) Regulations, 2011. The total diluted share/voting capital of Purple Finance Ltd after the acquisition stands at 8,04,77,505.
Key Highlights
- Intellect Money Finvest Pvt Ltd acquires 45,00,000 Equity Shares of Purple Finance Ltd.
- The acquisition is pursuant to the conversion of warrants allotted on a preferential basis.
- The total diluted share/voting capital of Purple Finance Ltd after the acquisition stands at 8,04,77,505.
- The acquisition is in compliance with the SEBI (SAST) Regulations, 2011.
- The warrants were allotted on a preferential basis.