Purple Finance Board Meeting Outcome
Purple Finance approved a ₹8.74 Cr loan sale, ₹16.09 Cr warrant conversion, and ₹19.44 Cr preferential issue, raising ₹44.27 Cr total.
- Value
- ₹44.27 Cr
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Purple Finance approved a ₹8.74 Cr loan sale, ₹16.09 Cr warrant conversion, and ₹19.44 Cr preferential issue, raising ₹44.27 Cr total.
Purple Finance approved the acquisition of 100% of Saksham Gram Credit for Rs. 99 Crore and a separate preferential share issue of Rs. 28.80 Crore.
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's board approved Q1 FY27 financial results, a ₹20 Crore NCD issuance, and the acquisition of Saksham Gram Credit Private Limited.
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 approved the issuance of ₹350 Crore in Non-Convertible Debentures. The board also appointed new directors and scheduled the 32nd Annual General Meeting.
Purple Finance Ltd has scheduled a Board Meeting on Tuesday, April 21, 2026. The board will consider and approve the Audited Financial Results for the quarter and financial year ended March 31, 2026. Consequently, the trading window for company insiders remains closed until 48 hours after the results are declared.