Total Value: Up to ₹15,00,00,000 (Fifteen Crores Only)
Issuance Method: Private placement basis in one or more tranches
Basis: Within current borrowing limits under Section 180(1)(c) of Companies Act, 2013
2. Loan Portfolio Sale
A. New Sale: Approval for sale of part of company's loan portfolio aggregating up to ₹20 crores
B. Revision: Revision of previously approved portfolio sale amount from ₹8.74 crores (approved September 10, 2026, Ref: PFL/BSE/2026-27/79) to ₹12 crores
Structure: Both transactions under Direct Assignment route per RBI Master Direction (Non-Banking Financial Companies - Transfer and Distribution of Credit Risk) Directions, 2025
Participation Ratio: 90:10 between Assignee and Purple Finance Limited
Servicing: Purple Finance Limited will continue as servicer for all assigned loans
Expected Impact: Transactions are expected to be income accretive and reaffirm company's ability to originate quality loan portfolio
NCD Specific Details
Listing & Tenure
Proposed Listing: Whole Sale Debt market of BSE Limited
Tenure: 30 months 8 days from deemed date of allotment
Maturity: To be determined in due course
Financial Terms
Coupon Rate: 11.90% per annum
Interest Payment: Monthly
Principal Repayment: In 5 installments with final payment at maturity
Security Structure
Security: First ranking pari passu and continuing charge via unattested Deed of Hypothecation
Collateral: Identified book debts/loan receivables of the issuer
Additional Security: Such other security interest as agreed between issuer and debenture holders
Default Provisions
Additional Interest: 2% per annum over interest rate payable on outstanding principal in case of payment default
Default Period: Payment default for more than three months from due date
Meeting Details
Date: September 22, 2026
Timing: 2:30 PM to 2:50 PM
Committee: Finance Committee of the Board of Directors
