Purple Finance Ltd — Important, 06-04-2026: Company Update

Purple Finance Limited's Finance Committee has approved the allotment of 500 Subordinated, Unsecured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs). Each NCD has a face value of Rs 1 lakh, totaling Rs 5 Cr. These NCDs were allotted to Mr. Sanjeev Prithviraj Kumar via private placement. The debentures carry an interest rate of 12.50% per annum, payable monthly, and will mature in 61 months. This move strengthens the company's capital base through debt financing and will be listed on BSE.