Purple Finance Limited Completes Full NCD Interest Payment After Technical Resolution
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































