ALPHA TRIBE

Purple Finance LtdImportant, 12-01-2026: Company Update

12-01-2026 | 02:18 pm

Purple Finance Limited has allotted Non-Convertible Debentures (NCDs) worth a total of 25 Cr. This includes 10 Cr to Fourdegreewater Capital Private Limited and 15 Cr to Ambium Finserve Limited. These NCDs carry an interest rate of 12.25% per annum, payable monthly, and will mature in 24 months. They are secured by the company's loan receivables and will be listed on BSE. This move secures significant funding, strengthening the company's balance sheet and supporting its lending operations.

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