Date: August 06, 2026

Disinvestment / Strategic Actions

Divestment in Saksham Gram Credit Private Limited:

  • DCB Bank has agreed to sell its entire equity holding of 9.65% in Saksham Gram Credit Private Limited
  • Total consideration: ₹9.55 crore
  • Cash consideration: ₹2.60 crore
  • Non-cash consideration: 9,65,055 equity shares (1.02% diluted paid-up capital) in Purple Finance Limited valued at ₹6.95 crore
  • Sale price: ₹54.60 per share for 17,49,991 number of shares

Investment in Purple Finance Limited:

  • DCB Bank will receive 9,65,055 shares of Purple Finance Limited at ₹72 per share
  • Post-investment shareholding: 1.32% (existing paid-up capital) and 1.02% (diluted paid-up capital)
  • Purple Finance Limited is a BSE-listed NBFC registered with RBI as an Investment and Credit Company

Entity Details:

Saksham Gram Credit Private Limited:

  • Registered under Indian Companies Act, 2013
  • Started commercial operations in November 2020
  • Business: Business Correspondent to Banks and NBFCs in India
  • Services: Providing micro loans under JLG model, individual enterprise loan (MSME), credit-linked insurance

Purple Finance Limited:

  • Originally incorporated on November 09, 1993 as Devipura Balaji Securities & Investments Private Limited
  • Converted to Public Limited Company and renamed
  • Current name effective from January 06, 2014
  • RBI registration: Non-Systemically Important Non-Deposit Taking Non-Banking Financial Company categorized as Investment and Credit Company (NBFC-ICC)
  • Business: Providing secured loans to micro and small enterprises for business expansion
  • AUM growth: ₹103 crore (March 2025) to ₹249 crore (March 2026)
  • Plans to take over Saksham Gram Credit Pvt Ltd as 100% subsidiary subject to stakeholders and regulatory approvals

Transaction Details:

  • Not a related party transaction
  • No promoters/promoter group/group companies have any interest in the entity being acquired
  • Transaction is at arm's length
  • Subject to governmental, statutory and regulatory approvals as required upon finalization

Regulatory Compliance:

  • Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Reference to earlier intimation: Ref No.CO:CS:RC:2024-25:209 dated October 11, 2024