Purple Finance Limited Issues Corrigendum to Correct Management Change Details
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.08% | +0.34% | +4.16% | +64.25% | +59.77% | -31.90% |
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?


































