Purple Finance Ltd

Purple Finance Open Offer

Purple Finance Ltd published a post-offer advertisement regarding an open offer. This follows regulations for the acquisition of shares in the company.

Purple Finance Board Meeting Outcome

Purple Finance Limited announced a change in the designation of Mr. Sandeep Jindal, who transitions from Non-Executive Director to Executive Director, effective September 1, 2026.

Purple Finance Debt & Borrowing: ₹20 Cr

Purple Finance Limited approved the issuance of 20,000 debt securities aggregating to ₹20 Crore. These listed debentures carry an 11.90% annual coupon rate.

Value

₹20.00 Cr

Execution

28 months and 8 days

Purple Finance Employee Stock Options

Purple Finance allotted 13,750 equity shares to employees upon the exercise of vested stock options under the PFL ESOP Scheme 2022.

Purple Finance Management Change

Purple Finance's Board approved the re-designation of Mr. Sandeep Jindal as a Whole Time Executive Director for three years, effective September 01, 2026.

Purple Finance Q1 FY27 Results: Turns Profitable, Net Profit ₹0.4 Cr

Purple Finance Ltd reported revenue from operations of ₹16.1 Cr (+159.7% YoY) and net profit of ₹0.4 Cr for Q1 FY27.

Key figure

Net profit ₹0.4 Cr

Purple Finance Merger & Restructuring Worth ₹108 Cr

Purple Finance will acquire Saksham Gram Credit Private Limited as a wholly-owned subsidiary to drive inorganic growth. The company also secured Rs. 108 Crore in equity funding.

Value

₹108.0 Cr

Purple Finance Board Meeting Outcome

Purple Finance's board approved Q1 FY27 financial results, a ₹20 Crore NCD issuance, and the acquisition of Saksham Gram Credit Private Limited.

Value

₹20.00 Cr

Purple Finance Other Announcement

Purple Finance Ltd has filed its quarterly shareholding pattern for the quarter ended June 30, 2026. The report includes updates regarding open offer impacts on promoter status.

Purple Finance Board Meeting Date

Purple Finance scheduled a board meeting on July 21, 2026. The board will consider Q1 FY27 financial results and potential fund-raising proposals via various securities.

Purple Finance Debt & Borrowing: ₹0.21 Cr

Purple Finance Limited successfully processed a Rs. 0.21 Crore interest payment for its Non-Convertible Debentures. The payment was made ahead of the July 12 due date.

Value

₹0.21 Cr

Purple Finance Open Offer: ₹970.6 Cr

Purple Finance launched an open offer to buy up to 17.65 million shares at ₹55, totalling about ₹970.65 Crore. Acquirers are Allied Commodities, Sandeep Jindal and associated PACs.

Value

₹970.6 Cr

Purple Finance Merger & Restructuring Worth ₹23 Cr

Purple Finance Ltd approved the sale of a loan portfolio worth ₹23 Crore. The transaction uses a Direct Assignment route with a 90:10 participation ratio.

Value

₹23.00 Cr

Purple Finance Management Change

Mr. Ajay Kumar Pandey ceased to be an Independent Director on June 27, 2026. He also stepped down from several board committees.

Purple Finance Annual General Meeting

Purple Finance Ltd held its 32nd AGM on June 26, 2026. Key resolutions included director appointments and borrowing power approvals.

Purple Finance Debt & Borrowing: ₹0.21 Cr

Purple Finance Ltd paid Rs.0.21 Crore interest on its listed NCDs. The payment was completed on June 26, 2026.

Value

₹0.21 Cr

Purple Finance Fund Raise of ₹69.3 Cr

Purple Finance approved a preferential issue of warrants worth ₹69.30 Crore. The funds will be raised on a cash basis with conversion rights upon exercise.

Value

₹69.30 Cr

Purple Finance Debt & Borrowing: ₹0.22 Cr

Purple Finance Ltd paid Rs. 0.22 Crore interest on its NCDs on the due date. Timely debt servicing signals stable credit health.

Value

₹0.22 Cr

Purple Finance Regulatory Approval

Purple Finance Limited received RBI approval for acquisition of control and shareholding changes. This enables the proposed open offer and equity share warrant issuance.

Purple Finance Annual Report

Purple Finance Limited released its FY 2025-26 Annual Report and 32nd AGM notice. The meeting is scheduled for June 26, 2026, to review annual performance.

Purple Finance Board Meeting Outcome

Purple Finance approved the appointment of Mr. Sriram Kalyanaraman and re-appointment of Ms. Sumeet Sandhu as Independent Directors. Both appointments are for three-year terms.

Purple Finance Board Meeting Outcome

Purple Finance approved the issuance of ₹350 Crore in Non-Convertible Debentures. The board also appointed new directors and scheduled the 32nd Annual General Meeting.

Value

₹350.0 Cr

Purple Finance Debt & Borrowing: ₹0.1 Cr

Purple Finance Limited made a timely interest payment of ₹0.11 Crore on its unsecured NCDs. This confirms liquidity and adherence to debt service schedules.

Value

₹0.10 Cr

Purple Finance Other Announcement

Purple Finance Limited submitted its Annual Secretarial Compliance Report for FY2026. The report notes two regulatory fines totaling ₹0.02 Crore, which have since been resolved.

Value

₹0.02 Cr

Purple Finance Earnings Call: Key Takeaways

Purple Finance is an MSME-focused lender transition toward a Small Finance Bank. Significant traction reported with ₹281Cr disbursements and ₹255Cr AUM as of March 2026.

Purple Finance Debt & Borrowing: ₹4.41 Cr

Purple Finance Limited paid ₹4.41 Crore for NCD interest and partial redemption. This timely debt service maintains financial credibility for debenture holders.

Value

₹4.41 Cr

Purple Finance Debt & Borrowing: ₹0.09 Cr

Purple Finance Limited has successfully made timely interest payments totaling ₹0.09 Crore for its listed non-convertible debentures. The payments pertain to ISINs INE0CYK08069 and INE0CYK08077, both due on April 30, 2026. This confirms compliance with SEBI Regulation 57 listing requirements.

Value

₹0.09 Cr

Purple Finance Debt & Borrowing: ₹25 Cr

Purple Finance Ltd submitted its annual disclosure for the centralized database of corporate bonds for FY2024-25. The filing details a ₹25 Crore issuance of secured, rated, non-convertible debentures (ISIN: INE0CYK07012) allotted in January 2026. All interest payments for the period were confirmed as paid on time.

Value

₹25.00 Cr

Purple Finance Debt & Borrowing: ₹20 Cr

Purple Finance Limited has allotted 20,000 Senior Secured NCDs aggregating to ₹20 Crore to Ambium Finserve Limited and Wint Securities Private Limited. The debentures, issued on a private placement basis, carry a 12% coupon rate payable monthly. The instruments have a tenure of approximately 24 months and will be listed on the BSE.

Value

₹20.00 Cr

Execution

23 Months 29 days

Purple Finance Other Announcement

Purple Finance Limited issued a corrigendum regarding its April 21, 2026, management change intimation. The name of the Head – Collection was incorrectly stated and should be read as Mr. Lalit Semwal. All other details from the original disclosure remain unchanged.