Purple Finance Limited has made a regulatory disclosure to BSE Limited regarding the allotment of equity shares under its employee stock option scheme.
Key Decision and Approval
The Nomination and Remuneration Committee (NRC) of the Board of Directors of Purple Finance Limited approved the allotment at its meeting held on July 21, 2026. The committee approved the allotment of 13,750 fully paid-up Equity Shares of face value of ₹10 each to eligible employees upon exercise of vested stock options under the Purple Finance Employee Stock Option Scheme 2022 ("PFL ESOP Scheme 2022").
Share Characteristics
The newly allotted equity shares will rank pari passu with the existing Equity Shares of the Company in all respects.
Capital Structure Impact
Pre-allotment capital: 5,89,24,212 Equity Shares of ₹10 each, aggregating to ₹58,92,42,120 (Rupees Fifty-Eight Crores Ninety Two Lakhs Forty Two Thousand One Hundred Twenty Only)
Post-allotment capital: 5,89,37,962 Equity Shares of ₹10 each, aggregating to ₹58,93,79,620 (Rupees Fifty Eight Crores Ninety Three Lakhs Seventy Nine Thousand Six Hundred Twenty Only)
Net increase in share capital: ₹1,37,500 (13,750 shares × ₹10 face value)
Transaction Details
- Number of shares issued: 13,750
- Date of issue: July 21, 2026 (allotment on exercise of options)
- Exercise price per share: ₹33
- Premium per share: ₹23
- Total consideration received: ₹4,53,750 (13,750 shares × ₹33)
- Distinctive numbers: 5,89,24,213 to 5,89,37,962
- ISIN Number: INE0CYK01015
- Share Certificate Number: Not Applicable
- Lock-in details: Not Applicable
Additional Information
The company had previously filed a statement referred in Regulation 10(b) of SEBI SBEB Regulations with BSE Limited on July 29, 2025, under filing number DCS/ESOP/IP/AK/3805/2025-26.