Purple Finance Ltd — Important, 28-07-2026: Company Update

Purple Finance Limited's Finance Committee has approved the allotment of 20,000 Senior, Secured, Non-Convertible Debentures, each with a face value of Rs. 10,000, totaling Rs. 20 crore. These debentures were issued to Ambium Finserve Limited via a private placement and will be listed on BSE. Carrying an annual interest rate of 11.90%, payable monthly, the debentures have a tenure of approximately 28 months, with principal repaid in installments. They are secured by a first-ranking charge over identified book debts. This debt issuance enhances the company's financial resources, impacting its liquidity and lending capacity.