Purple Finance Ltd — Important, 12-08-2026: Company Update
12-08-2026 | 12:51 pm
12-08-2026 | 12:51 pm
Purple Finance Limited's Finance Committee has approved the sale of a loan portfolio totaling up to Rs. 5.38 crores via the Direct Assignment route. This move is expected to boost company income and highlights its strong loan origination capabilities. Under this arrangement, Purple Finance will maintain a 10% participation, with assignees holding 90%. The company will continue to service all assigned loans, ensuring ongoing client relationships. This strategy enhances financial flexibility and optimizes asset utilization.
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