Purple Finance Limited has announced achieving a significant business milestone, with total disbursements surpassing INR 250 crores. The company shared this update through a business communication filed with BSE Limited on April 09, 2026.

Milestone Achievement

The financial services company highlighted that this achievement represents consistent growth and reflects the continued trust and support received throughout its operational journey. The milestone demonstrates the company's expanding reach in providing financial solutions to its customer base.

Management Commentary

Purple Finance Limited expressed sincere appreciation for the contributions of all stakeholders who played a role in achieving this milestone. The company acknowledged the collective efforts that have supported its growth trajectory and business expansion.

Future Outlook

Looking ahead, the company has reaffirmed its commitment to strengthening its service offerings. Purple Finance Limited stated its dedication to continuing the delivery of meaningful financial solutions to its customers, building on the foundation established through this achievement.

Corporate Information

The business update was signed by Ruchi Nishar, Company Secretary and Compliance Officer, and filed under reference number PFL/BSE/2026-27/03. The company operates from its registered office in Mumbai's Masjid Bunder West area, with corporate operations based in Bandra East.

This milestone announcement underscores Purple Finance Limited's progress in the financial services sector and its ongoing commitment to business growth and customer service excellence.

Purple Finance Limited has announced the successful allotment of non-convertible debentures worth ₹5,00,00,000 on private placement basis. The Finance Committee of the Board of Directors approved this allotment through circular resolution dated April 06, 2026, marking a significant fundraising milestone for the company.

Debenture Allotment Details

The company has allotted 500 subordinated, unsecured, rated, listed, redeemable, transferable, INR denominated non-convertible debentures to Mr. Sanjeev Prithviraj Kumar on April 06, 2026. Each debenture carries a face value of ₹1,00,000, bringing the total allotment value to ₹5,00,00,000.

Interest and Tenure Structure

The non-convertible debentures offer competitive terms with an interest rate of 12.50% per annum payable monthly. The debentures have a tenure of 61 months, with maturity scheduled for May 06, 2031.

Listing and Regulatory Compliance

The debentures will be listed on BSE Limited, providing liquidity options for the investor. The allotment has been made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled all disclosure requirements as per SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Security and Risk Profile

The debentures are subordinated and unsecured instruments, with no specific charge or security created over the company's assets. The instruments are rated and transferable, providing flexibility to the investor. No special rights, interests, or privileges are attached to these debentures beyond the standard terms outlined in the issuance documentation.