Purple Finance Limited Maintains Timely NCD Interest Payments for April 2026

2 min read     Updated on 30 Apr 2026, 10:34 PM
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Reviewed by
Naman SScanX News Team
AI Summary

Purple Finance Limited has filed regulatory compliance certificates confirming timely interest payments on its non-convertible debentures for April 2026. The company paid Rs. 5.13 lakhs and Rs. 4.11 lakhs respectively on two NCD series worth Rs. 5 crores each, maintaining its track record of punctual debt servicing across multiple debenture issues totaling Rs. 35 crores.

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Purple Finance Limited has filed its mandatory annual disclosure with BSE Limited regarding the centralized database for corporate bonds and debentures for the financial year ended March 31, 2025. The submission was made pursuant to Chapter XIV of SEBI's Master Circular SEBI/HO/DDHS/DDHS PoD/P/CIR/2025/0000000137 dated October 15, 2025.

Latest Interest Payment Compliance

The company has submitted a certificate under Regulation 57 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming timely interest payments on its subordinated, unsecured, rated, listed, redeemable, transferable NCDs for April 2026:

Parameter ISIN: INE0CYK08069 ISIN: INE0CYK08077
Issue Size Rs. 5,00,00,000 Rs. 5,00,00,000
Interest Amount Paid Rs. 5.13 lakhs Rs. 4.11 lakhs
Payment Frequency Monthly Monthly
Record Date April 15, 2026 April 15, 2026
Due Date April 30, 2026 April 30, 2026
Actual Payment Date April 30, 2026 April 30, 2026

Debenture Listing Details

The company's earlier disclosure revealed key information about its non-convertible debentures issued during the reporting period:

Parameter Details
ISIN INE0CYK07012
Allotment Date January 06, 2026
Listing Date January 13, 2026
Issue Size Rs. 25,00,00,000
Listing Quantity 25,000 Senior, Secured, Rated, Listed, Redeemable, Transferable NCDs
Exchange BSE Limited

Historical Interest Payment Performance

Purple Finance Limited has demonstrated consistent performance in servicing its debt obligations across multiple payment cycles:

Payment Cycle Record Date Due Date Actual Payment Date Amount (Rs. in lakhs)
First January 28, 2026 February 12, 2026 February 12, 2026 26.01
Second February 25, 2026 March 12, 2026 March 12, 2026 23.49
Third March 28, 2026 April 12, 2026 April 10, 2026 23.41

Credit Rating Assessment

The non-convertible debentures have received credit rating from India Ratings and Research Pvt. Ltd:

Rating Parameter Details
Credit Rating IND BBB-
Outlook Stable
Rating Action New
Rating Date November 03, 2026
Verification Status Verified

Regulatory Compliance

The latest disclosure confirms that Purple Finance Limited continues to maintain its track record of no defaults or delays in servicing debt securities. Company Secretary Ruchi Nishar signed the compliance certificate, emphasizing the company's commitment to transparent reporting and regulatory adherence. The comprehensive documentation includes detailed records of all payment schedules and maintains systematic debt management practices.

Historical Stock Returns for Purple Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-3.24%-1.43%+25.16%+56.02%+42.01%-35.19%

Will Purple Finance Limited plan to issue additional NCDs in FY 2026 given their successful track record of timely payments?

How might the IND BBB- rating with stable outlook impact Purple Finance's borrowing costs for future debt issuances?

What factors could influence India Ratings to upgrade Purple Finance's credit rating from BBB- in the next review cycle?

Purple Finance Limited Issues Corrigendum to Correct Management Change Details

1 min read     Updated on 22 Apr 2026, 07:37 PM
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Reviewed by
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AI Summary

Purple Finance Limited issued a corrigendum on April 22, 2026, to correct a typographical error in its management change intimation dated April 21, 2026. The correction specifically addresses the name of the Head - Collection position, which should read as Mr. Lalit Semwal. The corrigendum was filed with BSE Limited under reference number PFL/BSE/2025-26/16, with all other details from the original intimation remaining unchanged.

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Purple Finance Limited has issued a corrigendum to BSE Limited regarding its management change intimation, correcting an inadvertent typographical error in a key appointment. The company filed the correction under reference number PFL/BSE/2025-26/16 on April 22, 2026.

Management Position Correction

The corrigendum specifically addresses an error in the name of the Head - Collection position mentioned in the original intimation dated April 21, 2026. The company clarified that the correct name for this position should read as Mr. Lalit Semwal, replacing the previously mentioned incorrect name at Sr. No. 2 of the original intimation.

Parameter: Details
Position: Head - Collection
Correct Name: Mr. Lalit Semwal
Original Intimation Date: April 21, 2026
Corrigendum Date: April 22, 2026
Reference Number: PFL/BSE/2025-26/16

Regulatory Compliance

The corrigendum was submitted to BSE Limited's Corporate Relationship Department and signed by Ruchi Nishar, Company Secretary and Compliance Officer of Purple Finance Limited. The company emphasized that all other details disclosed in the original management change intimation remain unchanged, with only the correction of the Head - Collection's name being necessary.

Company Information

Purple Finance Limited maintains its registered office at 11, Indu Chamber, 349/353, Samuel Street, Masjid Bunder West, Mumbai – 400003, with its corporate office located at 705/706, 7th Floor, Hallmark Business Plaza, Sant Dnyaneshwar Marg, Bandra (E), Mumbai- 400051. The company operates under CIN No. L67120MH1993PLC075037 and trades on BSE with scrip code 544191 under the scrip ID PURPLEFIN.

Historical Stock Returns for Purple Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-3.24%-1.43%+25.16%+56.02%+42.01%-35.19%

What strategic changes might Mr. Lalit Semwal implement in Purple Finance's collection operations given his new leadership role?

How could this management change in the collection department impact Purple Finance's non-performing asset recovery rates in the coming quarters?

Will Purple Finance announce additional senior management appointments as part of a broader organizational restructuring?

More News on Purple Finance

1 Year Returns:+42.01%