Purple Finance Ltd — Important, 28-10-2025: Company Update
28-10-2025 | 02:31 pm
28-10-2025 | 02:31 pm
Shareholders of Purple Finance Limited have given their approval for the reclassification of certain shareholdings, transitioning them from the 'Promoter Group' to the 'Public Category'. This significant change involves over 50.57 lakh shares, which collectively represent approximately 7.46% of the company's total shares. This reclassification, affecting nine individuals, fundamentally alters the company's ownership structure. For investors, this shift typically boosts the public float, potentially leading to improved market liquidity and a wider base of public shareholders.
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