Purple Finance: Open Offer Letter Received for 26% Stake

Purple Finance Ltd announced the receipt of the Letter of Offer dated June 20, 2026, from Mark Corporate Advisors Private Limited, the Manager to the Open Offer. This offer is made by Allied Commodities Private Limited and Mr. Sandeep Jindal, along with persons acting in concert, to acquire up to 1,76,48,152 equity shares, representing 26.00% of the emerging voting capital. The offer price is ₹55.00 per equity share, payable in cash, in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The offer is made by the Acquirers and PACs pursuant to Regulations 3 and 4 of SEBI (SAST) Regulations 2011 and is not conditional.