Purple Finance Ltd — Important, 23-06-2026: Company Update

Purple Finance has received the Letter of Offer for a significant open offer. Allied Commodities Private Limited and Mr. Sandeep Jindal, along with associated entities, are offering to acquire up to 26.00% of Purple Finance's emerging voting capital at ₹55 per share, totaling approximately 97.06 Crore. This move aims to gain joint control and strengthen their presence in the financial services sector. The acquirers plan to consolidate existing operations but have no current intention to delist the company or alienate significant assets. Shareholders will have the opportunity to tender their shares at the offer price.