Purple Finance dispatches FY26 Annual Report link to shareholders

1 min read     Updated on 03 Jun 2026, 07:44 PM
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Purple Finance Limited has dispatched letters to shareholders and debenture holders without registered email addresses, providing the web-link for the Annual Report 2025-26 in compliance with SEBI regulations. The company also issued a reminder regarding the mandatory update of KYC details for physical security holders to ensure electronic payments. The 32nd AGM is set for June 26, 2026, via Video Conferencing, where the company will review its financial performance, including a significant rise in revenue to ₹4,764.79 lakhs and a reduced net loss of ₹644.10 lakhs for FY 2025-26.

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Purple Finance Limited completed the dispatch of letters to shareholders and debenture holders whose email addresses are not registered with the company or its Registrar and Transfer Agent, Purva Sharegistry (India) Private Limited, on June 03, 2026. The correspondence provides the web-link where the Annual Report for the financial year 2025-26 is uploaded on the company's website. This action was taken pursuant to Regulation 30 and 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company reminded security holders holding securities in physical mode to update KYC details, including PAN, address, mobile number, and bank account details, in compliance with SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 07, 2024. The circular mandates that folios without updated details will receive payments such as dividend, interest, or redemption only through electronic mode effective April 1, 2024. Shareholders are also encouraged to register their email IDs and dematerialise physical securities to avail online services.

The 32nd Annual General Meeting (AGM) of the members is scheduled to be held on Friday, June 26, 2026, at 03:00 P.M. via Video Conferencing (VC) and Other Audio Visual Means (OAVM). The facility for remote e-voting is available, with the cut-off date for voting set as Friday, June 19, 2026. The Annual Report and AGM notice are accessible on the company's website at www.purplefinance.in .

Purple Finance Limited reported a substantial increase in revenue for FY 2025-26, with revenue from operations rising to ₹4,764.79 lakhs from ₹1,472.00 lakhs in the previous year. Despite the revenue growth, the company reported a net loss of ₹644.10 lakhs, a reduction from the net loss of ₹1,554.82 lakhs in FY 2024-25. Total Assets under Management (AUM) as of March 31, 2026, stood at ₹24,901.13 lakhs, growing approximately 142% from the prior year.

Particulars FY 2025-26 FY 2024-25
Revenue from Operations 4,764.79 1,472.00
Total Income 4,783.50 1,485.00
Profit / (Loss) after Tax (644.10) (1,554.82)
Basic & Diluted EPS (₹10/- each) (1.20) (4.02)

Operational highlights include the expansion of the branch network to 46 across seven states and a gross loan book growth of approximately 87% to ₹16,770.95 lakhs. The company obtained a Corporate Agent License from IRDAI in June 2025 and voluntarily delisted from the Calcutta Stock Exchange Limited effective July 25, 2025.

Historical Stock Returns for Purple Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-4.44%-7.89%-4.08%+48.89%+49.41%-37.66%

What strategic initiatives will Purple Finance implement to translate the 223% revenue surge into a net profit in the coming fiscal year?

How will the newly obtained Corporate Agent License from IRDAI diversify the company's revenue streams beyond its core lending operations?

With the gross loan book growing 87% to ₹16,770.95 lakhs, is the company tightening its credit risk assessment to maintain asset quality?

Purple Finance appoints two independent directors for FY27

1 min read     Updated on 01 Jun 2026, 08:55 PM
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Purple Finance Limited's Board approved the appointment of Mr. Sriram Kalyanaraman and the re-appointment of Ms. Sumeet Sandhu as Independent Directors for three-year terms starting in late June 2026. The meeting, held on June 01, 2026, also confirmed compliance with SEBI regulations regarding the directors' eligibility and relationships.

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Purple Finance Limited has appointed Mr. Sriram Kalyanaraman and re-appointed Ms. Sumeet Sandhu as Independent Directors for a term of three years, subject to shareholder approval. The appointments, effective June 26, 2026, and June 28, 2026, respectively, were approved by the Board of Directors during a meeting held on June 01, 2026. These changes aim to strengthen the company's governance framework with experienced leadership in banking and financial services.

The board meeting commenced at 03:57 P.M. and concluded at 05:00 P.M. on June 01, 2026. The filings were submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The detailed disclosures regarding the appointees are provided in Annexure-A to the intimation.

Mr. Sriram Kalyanaraman (DIN: 09773647) brings over 36 years of experience in banking, housing finance, and retail lending. He previously served as the Managing Director & CEO of the National Housing Bank and has held leadership roles at Standard Chartered Bank, Deutsche Bank AG, and Equifax India. Ms. Sumeet Sandhu (DIN: 10119062) possesses extensive experience in product, portfolio, and sales management across investments and insurance, having worked with organisations such as Karvy Private Wealth and Abu Dhabi Islamic Wealth.

The company confirmed that neither appointee is related to any of the existing directors. Furthermore, both individuals are not debarred from holding the position of director by any SEBI order or other authority, in accordance with Circular No. LIST/COMP/14/2018-19 and NSE/CML/2018/02 dated June 20, 2018. The information is available on the company's website at www.purplefinance.in .

Director Appointments

Director Name Effective Date Term
Mr. Sriram Kalyanaraman June 26, 2026 3 Years
Ms. Sumeet Sandhu June 28, 2026 3 Years

Historical Stock Returns for Purple Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-4.44%-7.89%-4.08%+48.89%+49.41%-37.66%

How will the new directors' expertise influence Purple Finance's strategic direction over the next three years?

What specific governance improvements does the company anticipate following these appointments?

How might the market react to the appointments given the directors' backgrounds in banking and financial services?

More News on Purple Finance

1 Year Returns:+49.41%