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

Purple Finance announced an Open Offer by Allied Commodities, Mr. Sandeep Jindal, and persons acting in concert to acquire up to 1,76,48,152 equity shares, representing 26.00% of the Emerging Voting Capital, at ₹55.00 per share, totaling **97.06 Crore**. This move aims to increase their stake and establish joint control, strengthening their presence in the financial services sector. The offer follows recent convertible warrant allotments. For the fiscal year ending March 31, 2026, Purple Finance reported total income of **47.84 Crore** and a loss of **6.44 Crore**. Independent Directors will provide their assessment of the offer.