Purple Finance Ltd — Important, 15-04-2026: Company Update
15-04-2026 | 06:15 pm
15-04-2026 | 06:15 pm
Purple Finance has clarified details regarding its Non-Convertible Debentures (NCDs) (ISIN INE0CYK07012). The company confirms a partial redemption, not a full early one, aligning with the offer document. This redemption will occur by reducing the NCDs' face value from INR 10,000 to INR 8,333.34, while the number of NCDs remains unchanged. Debenture holders on record by April 27, 2026, will receive interest payments and partial redemption proceeds on May 12, 2026. This action signifies the company's commitment to managing its debt obligations as per schedule, providing clarity to debenture investors.
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