Purple Finance Limited Redeems ₹1.5 Crore Worth of Non-Convertible Debentures

1 min read Updated on 19 Feb 2026, 07:30 PM

Reviewed by

Radhika SScanX News Team

Overview

Purple Finance Limited redeemed 150 unsecured non-convertible debentures worth ₹1.5 crore on February 19, 2026, each with a face value of ₹1,00,000. These debentures represented 30% of the original 500 NCDs issued to M/s M. K. Investment Consultancy Private Limited in July 2024. The redemption was completed at par with applicable interest in compliance with SEBI listing regulations.

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

Purple Finance Limited has successfully redeemed a portion of its non-convertible debentures, marking a significant debt management milestone. The company completed the redemption of 150 unsecured, redeemable, unlisted non-convertible debentures on February 19, 2026, valued at ₹1.5 crore.

Debenture Redemption Details

The redemption transaction involved specific financial parameters and represented a substantial portion of the company's outstanding debt instruments.

Parameter:	Details
Number of NCDs Redeemed:	150
Face Value per NCD:	₹1,00,000
Total Redemption Amount:	₹1,50,00,000
Redemption Date:	February 19, 2026
Original Allottee:	M/s M. K. Investment Consultancy Private Limited

Original Issuance Background

The redeemed debentures were part of a larger issuance completed in July 2024. The original transaction involved 500 NCDs that were allotted to M/s M. K. Investment Consultancy Private Limited on July 19, 2024. The current redemption represents 30% of the total debentures originally issued, indicating a structured approach to debt repayment.

Regulatory Compliance

Purple Finance Limited has fulfilled its disclosure obligations under SEBI regulations by informing BSE Limited about the redemption. The company cited compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Schedule III Part A Para A Point 2. The redemption was executed at par value along with applicable interest, ensuring full settlement of the debt obligation.

Purple Finance Limited Schedules Board Meeting on February 6, 2026 for Fund Raising Proposal

1 min read Updated on 03 Feb 2026, 05:42 PM

Reviewed by

Ashish TScanX News Team

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Overview

Purple Finance Limited has scheduled a board meeting for February 06, 2026, to consider fund raising proposals through various securities including equity shares, preference shares, and warrants via methods such as rights issue, qualified institutions placement, or preferential issue. The company will seek shareholder approval through postal ballot or extraordinary general meeting, with trading window restrictions in place until 48 hours after the meeting outcome declaration.

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

Purple Finance Limited has announced a board meeting to consider fund raising proposals, scheduled for February 06, 2026. The meeting will be held at the company's corporate office to evaluate various securities issuance options under applicable regulatory frameworks.

Meeting Details and Agenda

The board meeting has been convened in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary agenda focuses on fund raising through multiple securities options.

Parameter:	Details
Meeting Date:	February 06, 2026
Meeting Day:	Friday
Venue:	Corporate Office
Regulation:	SEBI LODR Regulation 29

Fund Raising Options Under Consideration

The board will evaluate several securities issuance methods to raise capital for the company's operations and growth initiatives.

Security Type:	Issuance Methods
Equity Shares:	Rights Issue, QIP, Preferential Issue
Preference Shares:	Various permitted methods
Warrants:	As per applicable law
Other Securities:	Subject to regulatory approval

Regulatory Compliance and Approvals

The fund raising proposal will be subject to multiple regulatory and statutory approvals as required under applicable law. Purple Finance Limited has indicated it will seek shareholder approval for the proposal through appropriate channels.

The company plans to obtain member approval through either:

Postal ballot process
Extraordinary General Meeting

Trading Window Restrictions

In accordance with insider trading regulations, Purple Finance Limited has implemented trading window restrictions for company insiders and other relevant persons. The trading window will remain closed until 48 hours after the board meeting outcome is officially declared.

This measure ensures compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and other applicable laws governing securities trading by insiders.