Purple Finance Limited has successfully completed the allotment of equity share warrants worth Rs 39.00 crores to Intellect Money Finvest Private Limited. The Finance Committee approved the allotment on December 12, 2025, marking the completion of the preferential issue process that was initially approved by the Board of Directors.

Warrant Allotment Details

The Finance Committee meeting, held on December 12, 2025, approved the allotment of warrants under the preferential issue framework. The meeting commenced at 3:30 p.m. and concluded at 3:45 p.m.

Regulatory Compliance

The allotment has been completed in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also complied with the preferential issue requirements under Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, read with the Companies Act, 2013.

Capital Structure Enhancement

The company had earlier planned to increase its authorized share capital from Rs 60.00 crores to Rs 70.00 crores by creating an additional 1 crore equity shares of Rs 10.00 face value each. The warrants, once converted, will provide Purple Finance with additional equity capital to strengthen its financial position.

Corporate Communication

The disclosure has been uploaded on the company's website at www.purplefinance.in . Company Secretary and Compliance Officer Ruchi Nishar signed the regulatory filing, ensuring proper documentation of the allotment process.

Market Impact

The successful completion of the warrant allotment represents a significant milestone for Purple Finance Limited in its capital raising efforts. The potential conversion of these warrants into equity shares will provide the Mumbai-based financial services company with enhanced financial resources for its business operations.

Purple Finance Limited , a financial services company, has announced a significant portfolio sale to IDFC First Bank Limited. The transaction, approved by the company's Finance Committee on December 4, 2025, involves the sale of a portion of Purple Finance's loan portfolio under Direct Assignment terms, in compliance with Reserve Bank of India (RBI) regulations.

Transaction Details

• Sale Amount: Rs. 17,37,17,439 (Rs. 17.37 crores)
• Buyer: IDFC First Bank Limited
• Transaction Type: Direct Assignment
• Proportion: 90:10 (IDFC:Purple)
• Servicer: Purple Finance Limited (for all loans sold in this arrangement)

This strategic move by Purple Finance Limited is expected to be income accretive and demonstrates the company's ability to create a high-quality loan portfolio. The transaction adheres to the Master Directions - Reserve Bank of India (Transfer of Loan Exposures) Directions 2021, as amended from time to time.

Financial Implications

The sale of this portfolio segment may have implications for Purple Finance's balance sheet. Based on the most recent financial data available:

All figures in Rs. crores

The significant growth in Total Assets and Current Assets over the past year suggests that Purple Finance has been expanding its portfolio. This recent sale of Rs. 17.37 crores worth of loans represents a strategic decision to manage this growth and potentially improve liquidity.

Market Implications

This transaction highlights several key points about Purple Finance Limited's business strategy:

1. Portfolio Management: The company is actively managing its loan portfolio, potentially to optimize its risk profile or to free up capital for new lending opportunities.

2. Strategic Partnerships: The deal with IDFC First Bank indicates Purple Finance's ability to forge partnerships with established banking institutions.

3. Regulatory Compliance: The adherence to RBI guidelines underscores the company's commitment to operating within the regulatory framework.

4. Servicing Capabilities: By retaining the servicing rights for the sold loans, Purple Finance maintains a connection with the borrowers and continues to generate fee income.

As the financial services sector continues to evolve, such strategic moves by companies like Purple Finance Limited warrant attention from investors and market analysts. The impact of this transaction on the company's future financial performance and market position will be an area to watch in the coming quarters.