Purple Finance Ltd

Purple Finance Limited has approved the allotment of Non-Convertible Debentures (NCDs) aggregating ₹15 Crores through private placement. The allotment includes 10,000 NCDs worth ₹10 Crores to Ambium Finserve Limited and 5,000 NCDs worth ₹5 Crores to Fourdegreewater Capital Private Limited. These are Senior, Secured, Rated, Listed, Redeemable, Transferable, INR-Denominated debentures with a face value of ₹10,000 each. The NCDs have a tenure of approximately 30 months and 8 days, maturing on April 5, 2029, with an annual interest rate of 11.90% payable monthly. The principal will be repaid in five installments.

Purple Finance Ltd has announced the closure of its trading window for designated persons and their immediate relatives. The window will be shut from October 1, 2026, until 48 hours after the declaration of the Unaudited Financial Results for the quarter and half-year ended September 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The company is also utilizing the National Securities Depository Limited to freeze PAN at the security level for its ISINs, as per a recent SEBI circular, to restrict insider trading. Further details will be available on the company's website.

Purple Finance Ltd announced the allotment of 99,99,952 equity shares at Rs. 72 per share to the shareholders of Saksham Gram Credit Private Limited. This allotment is for consideration other than cash, pursuant to a share swap arrangement approved by the Board of Directors. The transaction involves issuing shares at a premium of Rs. 62 per share, with a face value of Rs. 10. This move signifies Purple Finance's strategic expansion through acquisition.

Purple Finance Ltd announced the outcome of its Board Meeting held on September 23, 2026. The board approved the allotment of 99,99,952 equity shares of face value Rs. 10 each at an issue price of Rs. 72 per share. This allotment is for consideration other than cash, to the shareholders of Saksham Gram Credit Private Limited, as part of a share swap arrangement. The shares were issued at a premium of Rs. 62 per share. The filing details a list of 69 allottees from Saksham Gram Credit Private Limited who will receive Purple Finance Limited shares.

Purple Finance Ltd's Finance Committee, in a meeting on September 22, 2026, approved the issuance of up to 15,000 Senior, Secured, Rated, Listed, Redeemable, Transferable, INR Denominated, Non-Convertible Debentures (NCDs) with a face value of ₹10,000 each, aggregating up to ₹15 Crores. These NCDs will be issued for cash, at par, on a Private Placement Basis in one or more tranches, within the company's existing borrowing limits. Additionally, the committee approved the sale of a part of the company's loan portfolio aggregating up to ₹20 Crores. It also revised a previously approved portfolio sale from ₹8.74 Crores to ₹12 Crores. Both loan portfolio sales will be conducted via the Direct Assignment route, with a 90:10 participation ratio, and Purple Finance will continue to act as the servicer for these loans.

Intellect Money Finvest Private Limited has acquired 55,00,000 equity shares in Purple Finance Limited, representing 8.54% of the total share capital. This acquisition occurred through a preferential allotment following the conversion of warrants. Prior to this, Intellect Money Finvest held 45,00,000 shares. The total holding post-acquisition is 1,00,00,000 shares, constituting 15.52% of the total share capital. The conversion ratio was 1 warrant to 1 equity share, with the acquisition date being September 16, 2026. This filing is in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Purple Finance Ltd has announced a Board of Directors meeting scheduled for September 22, 2026. The primary agenda item is to consider and approve fund-raising initiatives through the issuance of various securities, including equity shares, preference shares, warrants, or debentures. The issuance could be via rights issue, qualified institutions placement, preferential issue, or other permitted methods, subject to regulatory and shareholder approvals. The company has also implemented a trading window closure for insiders until 48 hours after the meeting's outcome is declared.

Purple Finance Ltd's Finance Committee approved the sale of a loan portfolio worth INR 8.74 crores and the allotment of equity shares. The loan portfolio sale, conducted via Direct Assignment, is expected to be income accretive with a 90:10 participation ratio. Additionally, 55,00,000 equity shares were allotted upon conversion of warrants to Intellect Money Finvest Private Limited, increasing paid-up capital. Another 27,00,000 equity shares were allotted via preferential issue to Ms. Manisha Agarwal. These allotments will rank pari-passu with existing shares, significantly increasing the company's paid-up equity share capital.

Purple Finance Ltd's Finance Committee approved the sale of a part of its loan portfolio for up to INR 8.74 crores. This direct assignment route is expected to be income accretive. Additionally, the committee approved the allotment of 55,00,000 equity shares upon conversion of warrants to Intellect Money Finvest Private Limited, increasing the paid-up capital. A further allotment of 27,00,000 equity shares was approved for Ms. Manisha Agarwal via preferential issue. These actions collectively increase the company's paid-up equity share capital.

Purple Finance Ltd has issued a corrigendum to its Extra Ordinary General Meeting (EGM) notice dated August 06, 2026. This corrigendum clarifies changes to the explanatory statement regarding Item No. 3, which concerns the offer, issue, and allotment of equity shares on a preferential basis. The changes provide clarity on the object of the issue for cash consideration and the relevant date. The original EGM notice was dispatched via email on August 07, 2026. The e-voting period is scheduled from August 27, 2026, to August 30, 2026. The company is seeking in-principle approval from BSE for the proposed issuance of equity shares.