Purple Finance Ltd — Important, 28-10-2025: Company Update

Purple Finance Limited's Board has approved initiating a postal ballot for two key proposals. The company plans to increase its Authorized Share Capital from Rs. 60 Cr to Rs. 70 Cr, creating 1 Cr additional equity shares. Additionally, the Board approved the issuance of 1 Cr equity share warrants to Intellect Money Finvest Private Limited at an issue price of Rs. 39 per warrant, totaling Rs. 39 Cr. This move aims to enhance the company's capital base and fund future growth initiatives.