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Purple Finance LtdImportant, 25-09-2025: Company Update

25-09-2025 | 12:54 pm

Purple Finance Limited's Board has approved a notice for a postal ballot, seeking shareholder approval for a significant change in its ownership structure. The proposal involves re-classifying certain shareholders from the 'Promoter Group' category to the 'Public' category. This move aims to adjust the company's shareholding composition by transitioning some existing significant holders into the broader public investment base, which could affect the company's free float and perception among retail investors. Further details on the postal ballot will be shared.

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