Purple Finance Ltd — Important, 25-09-2025: Company Update
25-09-2025 | 04:24 pm
25-09-2025 | 04:24 pm
Purple Finance's Finance Committee has approved the sale of a part of its loan portfolio to Ambit Finvest Private Limited for Rs. 15.70 Cr via a direct assignment. This strategic transaction is anticipated to be income accretive and highlights the company's expertise in building a quality portfolio. Purple Finance will retain a 10% interest in this direct assignment and will continue serving all the loans involved in the arrangement, maintaining operational involvement.
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