Purple Finance Ltd — Important, 29-06-2026: Company Update
29-06-2026 | 04:37 pm
29-06-2026 | 04:37 pm
Purple Finance Limited's Finance Committee has approved the sale of a portion of its loan portfolio, amounting to up to Rs. 23.00 crores, through a Direct Assignment. This strategic move is anticipated to be income-accretive and reinforces the company's capability to originate and build a high-quality loan portfolio. Purple Finance will maintain a 10% participation in these assigned loans and continue to service them, with assignees taking a 90% share. This transaction highlights the company's financial agility and asset management efficiency.
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