Purple Finance Limited has submitted a regulatory disclosure to BSE Limited regarding a change in management, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Board Approval Details

  • The Board of Directors approved the re-designation at their meeting held on July 21, 2026.
  • The meeting commenced at 07:35 PM and concluded at 09:41 PM.
  • The appointment is for a period of 3 (three) years, effective from September 01, 2026 to August 31, 2029.
  • The appointment is subject to approval by the shareholders of the Company.

Director Profile

Mr. Sandeep Jindal is a Chartered Accountant with over 25 years of experience in strategic, operational, and business leadership. His expertise spans:

  • NBFCs, securities, and capital markets
  • Corporate governance, risk management, and regulatory compliance
  • Capital raising and business growth
  • Deep knowledge of RBI, SEBI, and MCA regulations

The profile highlights his integrity, transformational leadership, and successful track record in steering organizations toward sustainable profitability through innovation, stakeholder engagement, and robust compliance frameworks.