Purple Finance Ltd — Updates, 22-07-2025: Company Update
22-07-2025 | 06:02 pm
22-07-2025 | 06:02 pm
Purple Finance Limited has received final approval from the Calcutta Stock Exchange for reclassifying certain shareholdings from the 'Promoter/Promoter Group' to the 'Public Category'. This follows a prior approval from BSE. As a result, 19 entities holding 32,94,989 shares have been reclassified. This significantly shifts the company's ownership structure: promoter holding now stands at 53.03% (down from 60.58%), while public shareholding has increased to 46.97% (up from 39.42%). This move enhances the company's public float and could improve market liquidity.
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