
Purple Finance Ltd to Hold EGM on Aug 31 to Increase Share Capital
Purple Finance Ltd has announced an Extraordinary General Meeting (EGM) scheduled for August 31, 2026, at 11:00 AM IST, to be conducted via Video Conferencing/Other Audio Visual Means. The primary agenda is to consider and approve an increase in the company's authorized share capital from ₹82.60 Crores to ₹97.60 Crores, involving the creation of an additional 1.50 Crores equity shares of ₹10 face value each. This will result in an alteration of the capital clause in the Memorandum of Association. The cut-off date for e-voting eligibility is August 24, 2026, with the remote e-voting period running from August 27 to August 30, 2026. The notice of the EGM has been sent electronically to registered members.
Key Highlights
- EGM scheduled for August 31, 2026, via VC/OAVM.
- Agenda: Increase authorized share capital from ₹82.60 Cr to ₹97.60 Cr.
- Cut-off date for e-voting is August 24, 2026.
- Remote e-voting period: August 27-30, 2026.
- Alteration of Memorandum of Association's capital clause.
Price Impact
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