ALPHA TRIBE

Purple Finance LtdImportant, 19-02-2026: Company Update

19-02-2026 | 02:19 pm

Purple Finance has repaid 150 unsecured, unlisted, redeemable Non-Convertible Debentures (NCDs) worth 1.50 Cr. These debentures, initially allotted to M. K. Investment Consultancy Private Limited, were redeemed at par along with their applicable interest. This move reduces the company's overall debt and demonstrates its commitment to fulfilling financial obligations. For shareholders, this signals strong financial management and a proactive approach to liability reduction. It indicates the company is managing its balance sheet responsibly.

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