Purple Finance: Open Offer Letter Received from Acquirers

Purple Finance Ltd has 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 follows a previous intimation on February 24, 2026, regarding the Draft Letter of Offer. The Open Offer is being made by Allied Commodities Private Limited, Mr. Sandeep Jindal, Intellect Stock Broking Limited, two Infinity Partners, Intellect Money Finvest Private Limited, Mr. Amitabh Chaturvedi, and AC Enterprises Private Limited, collectively referred to as the 'Acquirers' and 'Persons Acting in Concert' (PACs). The offer aims to acquire up to 1,76,48,152 equity shares, representing 26.00% of the Target Company's voting capital, at a price of ₹55.00 per share, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.