Purple Finance Ltd — Updates, 14-08-2025: Company Update

Purple Finance Limited's Board has approved the reclassification of shares held by several individuals from the 'Promoter Group' to the 'Public' category. These shareholders collectively own approximately 9.57% of the company. This reclassification is contingent on approval from shareholders and the stock exchange. The company has already submitted an application to BSE for the necessary no-objection. This move aims to increase the public shareholding, which can improve stock liquidity and accessibility for retail investors.