Purple Finance Limited will hold a meeting of its Finance Committee on September 22, 2026, to consider fund-raising measures. The board may approve the issuance of equity shares, preference shares, warrants, debentures, or other securities through rights issues, qualified institutions placements, or preferential issues.

The company notified BSE Limited of the meeting under Regulation 29 and Regulation 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Any such issuance is subject to necessary regulatory approvals and shareholder consent.

Trading Window Closure

The trading window for insiders and other restricted persons remains closed until 48 hours after the declaration of the meeting outcome. This restriction applies under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Corporate Details

The company’s registered office is located in Mumbai. Ruchi Nishar, Company Secretary and Compliance Officer, signed the intimation on September 17, 2026.

Purple Finance Limited filed its latest investor presentation with the Bombay Stock Exchange on September 4, 2026, pursuant to Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing updates stakeholders on the company’s operational metrics, strategic vision to become a small finance bank, and its focus on the underserved MSME segment.

Operational Metrics

As of June 2026, Purple Finance reported ₹312 crore in total disbursements since inception and an asset under management (AUM) of ₹278 crore. The lender has served over 4,700 active borrowers, with every loan featuring a woman as either the primary borrower or co-borrower. The company maintains a gross non-performing asset (NPA) ratio of 1.89%, reflecting strong asset quality from its launch in October 2022.

Strategic Vision and Market Focus

The company targets micro and small enterprises with annual turnovers up to ₹5 crore, operating across trade, manufacturing, and services sectors. Its lending products offer loans up to ₹30 lakh at an ROI of 18% to 24%, with tenors extending up to 10 years. Purple Finance aims to expand into a small finance bank, leveraging a technology-enabled model that provides soft loan approvals in under five hours.

Geographic Presence

The lender operates through 46 branches across seven states: Gujarat, Maharashtra, Madhya Pradesh, Rajasthan, Uttar Pradesh, Chhattisgarh, and Odisha. Key operational hubs include Mumbai, Ahmedabad, Indore, Lucknow, and Jaipur. The company employs over 470 team members nationwide to support its branch-sourced, digitally assisted lending process.

What the Numbers Show

The relationship between disbursements and current AUM indicates active portfolio turnover. With ₹312 crore disbursed against a ₹278 crore AUM, approximately 14% of the historical loan book has been repaid or written off since inception. This suggests a relatively young portfolio consistent with the company’s retail lending launch in 2022, where early-stage repayment behavior is still stabilizing within the overall asset base.