Purple finance Limited has announced the redemption of unsecured non-convertible debentures worth Rs 2,00,00,000 on March 18, 2026. The company informed BSE Limited about this corporate action through a regulatory filing under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Debenture Redemption Details

The redemption involved 200 unsecured, redeemable, unlisted non-convertible debentures (NCDs) from the company's existing issuance. The key parameters of the redeemed debentures are presented below:

Original Issuance Context

The redeemed debentures were part of a larger issuance of 500 NCDs that were originally allotted on July 19, 2024. All debentures were issued at par value to M/s M. K. Investment Consultancy Private Limited. The current redemption represents a partial repayment of the total debenture obligation.

Redemption Terms

The company executed the redemption at par value, meaning debenture holders received the full face value of Rs 1,00,000 per debenture. Additionally, applicable interest was paid along with the principal redemption amount, ensuring complete settlement of the debenture obligations for the redeemed instruments.

Regulatory Compliance

Purple Finance Limited has fulfilled its disclosure obligations by informing BSE Limited about the redemption through proper regulatory channels. The notification was made pursuant to Regulation 30 of SEBI (LODR) Regulations and Schedule III Part A Para A Point 2, demonstrating the company's commitment to transparent corporate governance and regulatory compliance.

The redemption leaves 300 NCDs outstanding from the original issuance of 500 debentures, representing a remaining obligation of Rs 3,00,00,000 to the debenture holder.

Purple finance Limited has scheduled a crucial board meeting to explore various fund raising opportunities, marking a significant corporate development for the financial services company.

Board Meeting Details

The company has informed BSE Limited that its Board of Directors will meet on Tuesday, March 24, 2026, at the corporate office to consider comprehensive fund raising proposals. This notification was made in accordance with Regulation 29 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Fund Raising Options Under Consideration

The board will evaluate multiple avenues for raising capital through the issuance of various securities. The comprehensive proposal includes several financial instruments and methods to provide flexibility in capital mobilization.

Securities Under Consideration:

• Equity Shares
• Preference Shares
• Warrants
• Debentures
• Other securities as permitted under applicable law

Proposed Methods:

• Rights issue
• Qualified institutions placement
• Preferential issue
• Other methods permitted under applicable regulations

Regulatory and Approval Requirements

The fund raising initiative will be subject to obtaining necessary regulatory and statutory approvals as required under applicable laws. Additionally, the company will need to secure approval from its shareholders before proceeding with any chosen fund raising method.

Trading Window Restrictions

In compliance with insider trading regulations, Purple Finance Limited has announced that the trading window will remain closed for company insiders and other relevant persons. This restriction will continue until 48 hours after the declaration of the board meeting outcome, as mandated by the Securities and Exchange Board of India Prohibition of Insider Trading Regulations, 2015.

Company Information

The notification was signed by Ruchi Nishar, Company Secretary & Compliance Officer, and submitted to BSE Limited on March 18, 2026. This development represents Purple Finance Limited's strategic approach to capital management and growth financing in the current financial year.