Purple Finance Ltd — Important, 07-02-2026: Company Update
07-02-2026 | 09:53 am
07-02-2026 | 09:53 am
Purple Finance has successfully raised ₹69 crore through equity warrants, issuing 1.26 crore warrants at ₹55 each to strengthen its capital base. This move, subject to regulatory approvals, reflects strong investor confidence and builds on previous capital injections totaling ₹123 crore. The company has expanded to 45 branches, managing Assets Under Management of approximately ₹210 crore as of January 2026 with 430 employees. This capital will support Purple Finance's disciplined growth in SME and retail lending, benefiting its 3,800+ equity shareholders and 4,000+ NCD holders. An open offer has also been triggered by some investors.
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