Purple Finance Limited Makes Timely Interest Payment of ₹23.49 Lakh on Non-Convertible Debentures

1 min read     Updated on 12 Mar 2026, 06:19 PM
scanx
Reviewed by
Jubin VScanX News Team
Overview

Purple Finance Limited successfully completed its monthly interest payment of ₹23.49 lakh on non-convertible debentures on March 12, 2026, maintaining perfect compliance with SEBI regulations. The payment relates to debentures with ISIN INE0CYK07012 worth ₹25 crore, with the company demonstrating consistent adherence to its debt obligations through timely monthly payments.

34865365

*this image is generated using AI for illustrative purposes only.

Purple Finance Limited has fulfilled its debt service obligations by making a timely interest payment of ₹23.49 lakh on its non-convertible debentures on March 12, 2026. The company submitted a compliance certificate to BSE Limited, confirming adherence to regulatory requirements under SEBI guidelines.

Interest Payment Details

The interest payment pertains to the company's Senior, Secured, Rated, Listed, Redeemable, Transferable, INR Denominated, Non-Convertible Debentures. The payment was made in accordance with Regulation 57 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular dated July 11, 2025.

Parameter: Details
ISIN: INE0CYK07012
Issue Size: ₹25,00,00,000
Interest Amount Paid: ₹23.49 lakh
Payment Frequency: Monthly
Record Date: February 25, 2026
Due Date: March 12, 2026
Actual Payment Date: March 12, 2026

Regulatory Compliance

Purple Finance Limited filed the compliance certificate with BSE Limited through its Company Secretary and Compliance Officer, Ruchi Nishar. The certificate confirms that the company made the interest payment on the exact due date without any delays. The payment amount includes applicable tax deductions as per law.

Payment Schedule

The company maintains a monthly interest payment schedule for these debentures. The previous interest payment was made on February 12, 2026, demonstrating consistent adherence to the payment timeline. The company reported no changes in the payment frequency and cited no reasons for non-payment or delays.

Corporate Information

Purple Finance Limited operates from its registered office in Mumbai's Masjid Bunder West area, with corporate offices located in Bandra East. The company maintains its listing obligations through regular compliance filings and timely debt service payments, reinforcing its commitment to regulatory adherence and investor confidence.

Historical Stock Returns for Purple Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+4.09%+4.85%-7.00%+49.78%+29.61%-42.85%

Purple Finance Limited Announces Successful Postal Ballot Results with All Four Resolutions Approved

2 min read     Updated on 10 Mar 2026, 04:22 PM
scanx
Reviewed by
Ashish TScanX News Team
Overview

Purple Finance Limited successfully completed its postal ballot process on March 08, 2026, with all four resolutions receiving shareholder approval. The company achieved 31.4074% voting participation with 17,093,257 total votes cast. Key approvals included authorized share capital increase, convertible warrants issuance, and amendments to company's constitutional documents, demonstrating strong shareholder confidence in the company's strategic initiatives.

34685557

*this image is generated using AI for illustrative purposes only.

Purple Finance Limited has successfully concluded its postal ballot process with all four proposed resolutions receiving overwhelming shareholder approval. The company announced the voting results on March 10, 2026, following the completion of the e-voting period on March 08, 2026.

Voting Process and Participation

The postal ballot was conducted entirely through remote e-voting, with the voting period commencing on Saturday, February 07, 2026, at 09:00 a.m. and concluding on Sunday, March 08, 2026, at 05:00 p.m. CS Abhilasha Chaudhary of Abhilasha Chaudhary & Associates served as the scrutinizer for the process, ensuring transparency and compliance with regulatory requirements.

Parameter: Details
Record Date: January 30, 2026
Total Shareholders: 3,564
Voting Participation: 31.4074%
Total Votes Cast: 17,093,257
Scrutinizer: CS Abhilasha Chaudhary

Resolution-wise Voting Results

All four resolutions presented to shareholders achieved the requisite majority for approval. The voting breakdown demonstrates strong support from both promoter and public shareholders across different categories.

Resolution 1: Authorized Share Capital Increase

The ordinary resolution for increasing authorized share capital and consequent alteration to the capital clause of the Memorandum of Association received unanimous approval with 17,093,257 votes in favor and zero votes against.

Resolution 2: Convertible Warrants Issuance

The special resolution for issuance of convertible warrants on preferential basis was approved with 17,093,256 votes in favor and only 1 vote against, representing 99.99% approval.

Resolution 3: Articles of Association Alteration

The special resolution for alteration of articles of association received complete unanimous support with 17,093,257 votes in favor and no opposing votes.

Resolution 4: Memorandum of Association Changes

The special resolution for alteration of Memorandum of Association pursuant to change in objects of the company was approved with 17,093,256 votes in favor and 1 vote against.

Shareholder Category Participation

The voting participation varied across different shareholder categories, with promoter and promoter group showing significant engagement in the process.

Category: Shares Held Votes Polled Participation (%)
Promoter & Promoter Group: 14,414,310 11,920,911 82.7019%
Public Institutions: 2,023,834 0 0%
Public Non-Institutions: 37,986,068 5,172,346 13.6164%

Regulatory Compliance and Documentation

The postal ballot process was conducted in full compliance with the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant MCA circulars. The scrutinizer's report was submitted on March 09, 2026, confirming the validity and transparency of the entire voting process.

The company has made the voting results and scrutinizer's report available on its website at www.purplefinance.in , ensuring transparency and accessibility for all stakeholders. The resolutions are deemed to have been passed on March 08, 2026, the last day of the voting period.

Historical Stock Returns for Purple Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+4.09%+4.85%-7.00%+49.78%+29.61%-42.85%

More News on Purple Finance

1 Year Returns:+29.61%