Purple Finance Clarifies NCD Partial Redemption Details

Purple Finance Ltd has issued a clarification regarding its earlier intimation about Non-Convertible Debentures (NCDs). The company confirmed that the redemptions for ISIN INE0CYK07020 (Scrip Code 977748) and ISIN INE0CYK07012 (Scrip Code 977452) are partial redemptions, not early full redemptions, and are in line with the Offer Document terms. The redemptions are being executed through a reduction in face value, not the number of NCDs. Specific details on face value reduction per NCD and payment dates for interest and redemption proceeds have been provided for both ISINs, with final maturity dates remaining January 12, 2028, and April 26, 2028, respectively.