Purple Finance Ltd — Updates, 12-06-2025: Company Update

Purple Finance Limited has announced a board meeting to discuss key corporate matters following the approval of alterations to its Memorandum and Articles of Association by shareholders. The authorized share capital has been increased to Rs. 60 Cr, divided into 6 crore equity shares of Rs. 10 each, supporting future capital requirements. Changes to the Articles align the company’s governance with recent regulatory updates and accommodate issuance of various securities. These corporate actions follow the merger with Canopy Finance Limited and the subsequent listing of Purple Finance shares on BSE and Calcutta Stock Exchange, positioning the company for expanded business operations and growth.