Purple Finance Ltd — Updates, 15-05-2025: Company Update

Purple Finance Limited has announced a board meeting to approve the record date for its proposed rights issue. The record date is set to identify equity shareholders eligible to receive rights entitlement, which will be credited in dematerialized form to shareholders’ demat accounts under the specified ISIN. This move facilitates smooth allotment and trading of rights shares, ensuring shareholders can participate in the capital raise. The update is important for investors tracking the company’s equity expansion and potential shareholding changes.