
Business Update22 Oct 2026, 08:50 pm
Purple Finance Shifts Registered Office, Launches New MSME Products
AI Summary
Purple Finance Ltd announced a significant board meeting outcome on October 22, 2026. The company approved the shifting of its registered office from Mumbai's Masjid Bunder to Bandra East, effective October 23, 2026. Additionally, the board greenlit the launch of two new MSME-focused lending products: 'PURPLE SARAL' (unsecured lending, launching Nov 1, 2026) and 'SAKSHAM LAP' (secured lending, launching Oct 28, 2026). A new institutional lending product for NBFCs in the MSME sector was also introduced. The company also reviewed its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, along with the limited review report.
Key Highlights
- Registered office relocated to a new address in Mumbai.
- Launched two new MSME lending products: PURPLE SARAL and SAKSHAM LAP.
- Introduced a new lending product for NBFCs in the MSME sector.
- Reviewed unaudited financial results for Q2 FY27.
Price Impact
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