Purple Finance Limited Completes Full NCD Interest Payment After Technical Resolution

1 min read     Updated on 14 Apr 2026, 09:38 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Purple Finance Limited successfully completed full interest payments on its non-convertible debentures, paying Rs. 23.41 lakhs in total across two dates due to technical banking issues. The company demonstrated strong financial discipline by making the initial payment ahead of schedule and promptly resolving outstanding payment issues.

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Purple Finance Limited has successfully completed all interest payments on its non-convertible debentures (NCDs), resolving technical payment issues and demonstrating strong financial discipline. The company filed compliance certificates under Regulation 57 of SEBI regulations on both April 10 and April 13, 2026.

Interest Payment Details

The company made comprehensive interest payments on its Senior, Secured, Rated, Listed, Redeemable, Transferable, INR Denominated, Non-Convertible Debentures with the following specifications:

Parameter: Details
ISIN: INE0CYK07012
Issue Size: Rs. 25,00,00,000
Interest Amount Due: Rs. 23.41 lakhs
Amount Paid: Rs. 23.41 lakhs
Payment Frequency: Monthly
Record Date: March 28, 2026
Due Date: April 12, 2026
Actual Payment Date: April 10, 2026 and April 13, 2026

Payment Execution and Resolution

Purple Finance Limited initially completed the majority of the interest payment on April 10, 2026, demonstrating proactive financial management by paying two days ahead of the April 12, 2026 due date. However, an amount of Rs. 561.83 could not be remitted to two NCD holders due to technical issues at the investors' bank end.

The company successfully resolved this technical challenge and completed the outstanding payment of Rs. 561.83 on April 13, 2026. This completion ensures that all NCD holders have received their full interest payments as scheduled.

Payment Timeline Summary

Payment Phase: Details
Initial Payment: Rs. 23.40 lakhs on April 10, 2026
Outstanding Amount: Rs. 561.83
Final Payment: April 13, 2026
Total Amount Paid: Rs. 23.41 lakhs
Previous Payment: March 12, 2026

Regulatory Compliance

The interest payments were made pursuant to Regulation 57 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in compliance with SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2025/0000000103 dated July 11, 2025. Tax Deducted at Source (TDS) was applied as per applicable law on all interest payments.

Company Information

Purple Finance Limited operates from its registered office in Mumbai's Masjid Bunder West area, with corporate offices in Bandra East. The company maintains multiple scrip codes on BSE for its equity and debt instruments, including scrip code 544191 for equity shares and various codes for its debenture series including 977452, 977715, and 977718.

Historical Stock Returns for Purple Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+0.01%+3.94%+22.42%+76.15%+47.19%-34.61%

Will Purple Finance consider diversifying its funding sources beyond NCDs to reduce dependence on debt instruments?

How might the technical payment issues experienced impact Purple Finance's credit rating or future debenture issuances?

What measures is Purple Finance implementing to prevent similar technical payment delays in future interest distributions?

Purple Finance Limited Reports No Share Dematerialization Activity in Q4 FY26

1 min read     Updated on 14 Apr 2026, 09:21 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Purple Finance Limited submitted its Q4 FY26 quarterly certificate to BSE Limited on April 13, 2026, confirming no share dematerialization activity during January-March 2026. The filing, prepared by registrar Purva Sharegistry (India) Private Limited and signed by Company Secretary Ruchi Nishar, fulfills SEBI regulatory requirements under Regulation 74(5) of Depositories and Participants Regulations, 2018.

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Purple Finance Limited has filed its quarterly compliance certificate with BSE Limited, reporting no dematerialization activity for the quarter ended March 31, 2026. The submission fulfills regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The certificate was submitted to BSE Limited on April 13, 2026, under reference number PFL/BSE/2026-27/06. Company Secretary and Compliance Officer Ruchi Nishar signed the filing on behalf of Purple Finance Limited. The submission covers the company's equity and debt securities across multiple scrip codes.

Security Type: Scrip Codes
Equity: 544191 (PURPLEFIN)
Debt: 977452 (1225PFL28), 977715 (1250PFL31), 977718 (PFL06426)

Registrar Confirmation

Purva Sharegistry (India) Private Limited, serving as the company's registrar and share transfer agent, provided the compliance certificate. The SEBI-registered entity (Registration No. INR000001112) confirmed adherence to dematerialization procedures and timelines as mandated under Regulation 74(5).

Ms. Deepali Gaonkar, Compliance Officer at Purva Sharegistry, certified that all regulatory requirements were met during the reporting period. The registrar confirmed that proper procedures were followed for handling dematerialization requests and maintaining shareholder records.

Dematerialization Activity Report

The detailed report shows no dematerialization activity during the quarter from January 01, 2026 to March 31, 2026. The comprehensive table tracking share certificate conversions recorded "NIL" entries across all categories:

Parameter: Status
Folio Numbers: NIL
Shareholder Names: NIL
Certificate Numbers: NIL
Share Quantities: NIL
Dematerialization Dates: NIL

Corporate Information

Purple Finance Limited operates from its registered office at 11, Indu Chamber, Samuel Street, Mumbai, with corporate headquarters at Hallmark Business Plaza, Bandra East. The company maintains its commitment to regulatory compliance and transparent reporting to stock exchanges and regulatory authorities.

Historical Stock Returns for Purple Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+0.01%+3.94%+22.42%+76.15%+47.19%-34.61%

What factors might be contributing to Purple Finance's lack of dematerialization activity, and could this indicate declining investor interest or liquidity concerns?

How might Purple Finance's zero dematerialization activity impact its stock trading volumes and market accessibility in upcoming quarters?

Will Purple Finance need to implement new strategies to encourage electronic trading given the market's continued shift toward dematerialized securities?

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1 Year Returns:+47.19%