Purple Finance Limited allots ₹20 crore in Non-Convertible Debentures (NCDs) to Ambium Finserve and Wint Securities via private placement.
The NCDs carry a 12% annual coupon, are secured against loan receivables, and have a tenure of 23 months 29 days.
Allotment was approved by the Finance Committee via circular resolution on April 28, 2026, under SEBI LODR Regulations 30 and 51.
The instruments are listed on BSE and will be repaid in six installments with a final payment at maturity in April 2028.