Purple Finance Capital Structure Change
Purple Finance Limited allotted 99,99,952 equity shares via preferential issue at ₹72 per share, raising approximately ₹72 Crore. This increases the total paid-up share capital.
- Value
- ₹72.00 Cr
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Purple Finance Limited allotted 99,99,952 equity shares via preferential issue at ₹72 per share, raising approximately ₹72 Crore. This increases the total paid-up share capital.
Intellect Money Finvest, a promoter, converted 55,00,000 preferential warrants into Purple Finance equity shares. The conversion lifts its holding to 1,00,00,000 shares (15.52%).
Purple Finance allotted 27 lakh equity shares at ₹72 in a preferential issue to one investor, raising ₹19.44 Crore. Paid-up capital rose to ₹67.14 Crore.
Purple Finance allotted 55 lakh equity shares at ₹39 each in a preferential issue to one investor, raising ₹2.15 Crore. Paid-up capital increased from ₹58.94 Cr to ₹64.44 Cr.
Purple Finance approved a preferential issue of 13,999,952 equity shares to 93 investors at ₹72 per share, raising approximately ₹100.80 Crore.
Purple Finance Limited has approved an increase in its authorized share capital from 8.26 crore equity shares to 9.76 crore equity shares, each at ₹10 face value.