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Purple Finance Ltd — Important, 28-04-2026: Company Update
28-04-2026 · 04:03 pm
Purple Finance Limited has successfully allotted Senior, Secured, Rated, Listed Non-Convertible Debentures (NCDs) worth a total of Rs. 20 Crore via a private placement. Ambium Finserve Limited acquired NCDs valued at Rs. 15 Crore, while Wint Securities Private Limited received NCDs for Rs. 5 Crore. These instruments offer a 12.00% annual interest, paid monthly, and are secured by identified loan receivables, maturing in approximately two years. This issuance enhances the company's financial resources for its operations.
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