Purple Finance Board Approves Unaudited Results, NCD Issue, and Acquisition Plan

Purple Finance Ltd's Board of Directors met on July 21, 2026, approving the unaudited financial results for the quarter ended June 30, 2026, along with the limited review report. The board also sanctioned the issuance of up to 20,000 Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) aggregating ₹20 Crores via private placement. Powers for the NCD issuance were delegated to the Finance Committee. Additionally, the company granted in-principle approval for the acquisition of 100% equity share capital of Saksham Gram Credit Private Limited, subject to due diligence and definitive agreements.