Purple Finance Limited has received formal approval from the Reserve Bank of India (RBI) for acquisition of control and change in shareholding related to two specific transactions: a proposed open offer and the issuance of Equity Share Warrants.
The approval was granted vide RBI letter dated June 03, 2026, and specifically references compliance with paragraph 6 of the Reserve Bank of India (Non-Banking Financial Companies – Acquisition of Shareholding or Control) Directions, 2025, dated November 28, 2025, as amended from time to time.
The company states that procedural and regulatory formalities in relation to these transactions will be completed in due course. The disclosure serves as an informational update to BSE Limited regarding this regulatory milestone.
Additional Information
The document was digitally signed by Ruchi Jitendra Nishar, Company Secretary & Compliance Officer, on June 04, 2026 at 13:04:21 IST. The company's registered office is at 11, Indu Chamber, 349/353, Samuel Street, Masjid Bunder West, Mumbai – 400003, with corporate office at 705/706, 7th Floor, Hallmark Business Plaza, Sant Dnyaneshwar Marg, Opp. Guru Nanak Hospital, Bandra (E), Mumbai- 400051.