StockWatch
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Non Banking Financial Company (NBFC)
AGM/EGM7 Aug 2026, 06:21 pm

Purple Finance Ltd to Hold EGM on Aug 31 to Increase Share Capital

AI Summary

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.