Key Quantitative Figures
- Number of Debentures Allotted: 20,000 (Twenty Thousand)
- Face Value per Debenture: ₹10,000 (Rupees Ten Thousand)
- Total Issue Size: ₹20,00,00,000 (Rupees Twenty Crores)
- Coupon Rate: 11.90% per annum (Eleven Decimal Nine Zero Percent)
- Tenure: 28 months and 8 days
- Allotment Date: July 28, 2026
- Maturity Date: December 05, 2028
Parties Involved
- Issuer: Purple Finance Limited
- Allottee/Investor: Ambium Finserve Limited (formerly known as Ambium Finserve Private Limited)
- Stock Exchange: BSE Limited
- Debenture Trustee: Not named in disclosure
Transaction Details
- Type of Issuance: Private Placement basis
- Instrument Type: Senior, Secured, Rated, Listed, Redeemable, Transferable, INR Denominated, Non-Convertible Debentures
- Interest Payment Schedule: Monthly payments
- Principal Repayment: In 7 (Seven) installments with final payment on maturity date
Security Details
The Debentures are secured by:
1. A first ranking pari passu and continuing charge created in favour of the Debenture Trustee through an unattested Deed of Hypothecation
2. Charge over identified book debts/loan receivables of the Issuer ("Hypothecated Assets")
3. Such other security interest as may be agreed between the Issuer and Debenture Holders
Default Provisions
On occurrence of any payment default (delay of more than three months from due date):
- Additional interest at 2% per annum over the regular Interest Rate
- Payable on outstanding principal amounts from date of default until cure or full redemption
Approval Mechanism
Approved by the Members of Finance Committee of the Board of Directors through Circular Resolution dated July 28, 2026.
Listing Status
The Non-Convertible Debentures will be listed on BSE Limited.
Additional Information
- No special rights/privileges attached to the instrument
- No details of any payment/non-payment comments regarding previous securities
- Document signed by Ruchi Jitendra Nishar, Company Secretary and Compliance Officer