Purple Finance Limited has scheduled a Board of Directors meeting for Thursday, August 06, 2026, to be held at the Corporate Office of the Company. The primary agenda is to consider and evaluate a proposal for fund raising through issuance of various securities.
The fund-raising may include issuance of equity shares, preference shares, warrants, or other eligible securities through one or more permissible modes. Potential methods mentioned include rights issue, qualified institutions placement (QIP), preferential issue, or any other method permitted under applicable laws.
The proposal is subject to required regulatory/statutory approvals and the approval of Members of the Company. The company may seek member approval through either a Postal Ballot or an Extraordinary General Meeting, with details to be communicated in due course.
In compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the Company's Code of Conduct, the trading window for dealing in the company's securities will remain closed for insiders and other covered persons until 48 hours after the conclusion of the Board Meeting.
The disclosure is made pursuant to Regulation 29 and Regulation 50 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Financial Impact
Financial impact not quantified in the disclosure. The fund-raising proposal remains subject to board evaluation and subsequent approvals.