Purple Finance Ltd — Important, 06-08-2026: Company Update

Purple Finance Limited's board has approved a significant capital increase and a strategic acquisition. The company will raise its authorized share capital from Rs. 82.60 Cr to Rs. 97.60 Cr. This paves the way for a preferential issue of 1.40 Cr equity shares at Rs. 72 each, totaling approximately Rs. 100.80 Cr. A large portion, about Rs. 72.00 Cr, will fund the 100% acquisition of Saksham Gram Credit Private Limited for Rs. 99.00 Cr, making it a wholly-owned subsidiary. The remaining Rs. 28.80 Cr from the preferential issue will be raised via a cash investment. These actions, subject to shareholder approval at an upcoming Extra-Ordinary General Meeting, aim to strengthen the company’s capital base and expand its business.