Purple Finance News

The Company has filed the Draft Letter of Offer for the said proposed Rights Issue with BSE Limited and Calcutta Stock Exchange Limited on August 22, 2024.

Please find enclosed details of voting results under Regulation 44 of SEBI LODR Regulations, 2015 and Scrutinizers Report

The Company has made an application to the Stock Exchanges for reclassification from Promoter Group Category to Public Category.

Proceedings of the 30th AGM of the Company held on 02nd August, 2024

We enclose herewith the copies of Newspaper Advertisements pertaining to the Unaudited Financial Results for the quarter ended 30th June, 2024 and Notice of the 01/2024-25 Extraordinary General Meeting of the Company to be held on Wednesday, 21st August, 2024.

Pursuant to regulation 30 of SEBI (LODR) regulations and in furtherance to our intimation dated 17th June, 2024, we would like to inform you that the Board of Directors of Purple Finance Limited at their Meeting held on 29th June, 2024 have considered and approved: 1. Unaudited Financial Results of the Company for the quarter ended 30th June, 2024.2. Alteration of the Articles of Association of the Company.3. The convening of the 01/2024-25 Extraordinary General Meeting of the Company on Wednesday, 21st August, 2024 at 11:00 a.m.

The Finance Committee of the Directors of Purple Finance Limited has approved the allotment of 500 Unsecured Unlisted Redeemable Non- Convertible Debentures of Rs. 1,00,000/- each vide a resolution dated 19th July, 2024.

The Finance Committee of Directors of Purple Finance Limited at their Meeting held on Wednesday, 17th July, 2024 have considered and approved the Offer and issuance of Unsecured Unlisted Redeemable Non-Convertible Debentures of the Company for an amount not exceeding INR 5,00,00,000/- (Rupees Five Crores Only) by way of private placement in accordance with the applicable laws, as amended, subject to such approvals, as may be required under the applicable laws

Please find enclosed herewith compliance certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018.

Please find attached the copies of the newspaper advertisement published today intimating inter alia about the 30th AGM of the Company scheduled to be held on August 02, 2024 and e-voting process.

Pursuant to Regulations 30 and 34 and other applicable provisions of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 ('Listing Regulations'), we are submitting herewith the Annual Report of the Company for Financial Year 2023-24 including the Notice of the 30th Annual General Meeting ('AGM') of the Company.

The Finance Committee of Directors of Purple Finance Limited at their Meeting held on Wednesday, 03rd July, 2024 have considered and approved the Offer and issuance of Unsecured Unlisted Redeemable Non-Convertible Debentures of the Company for an amount not exceeding ?5,00,00,000/- (Rupees Five Crores Only) by way of private placement in accordance with the applicable laws, as amended, subject to such approvals, as may be required under the applicable laws

Purple Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/07/2024 ,inter alia, to consider and approve The proposal for raising of fund by way of equity shares, debentures or other securities through rights issue, private placement, qualified institutions placement, preferential issue or any other method as may be permitted under the applicable law, subject to such regulatory / statutory approvals as may be required.

The Company has received requests under Regulation 31A of SEBI (LODR) Regulations, 2015 from 27 persons forming part of "Promoter/ Promoter Group" of the Company for seeking re-classification from "Promoter Group" Category to "Public Category".

The Board of Directors of Purple Finance Limited at their Meeting held on 20th June, 2024 have considered and approved the Offer and issuance of fully paid-up equity shares of the Company for an amount not exceeding ?45,00,00,000/- (Rupees Forty Five Crores Only) by way of a Rights Issue to the eligible equity shareholders of the Company as on Record Date (to be determined and notified subsequently), in accordance with the applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements), 2018, as amended, subject to such approvals, as may be required under the applicable laws (hereinafter referred to as 'Rights Issue').

Purple Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/06/2024 ,inter alia, to consider and approve the proposal for raising of fund by way of equity shares or other securities through rights issue, qualified institutions placement, preferential issue or any other method as may be permitted under the applicable law, subject to such regulatory / statutory approvals as may be required.

Pursuant to Regulation 30 of SEBI(LODR) Regulations, 2015, we are pleased to inform you that the equity shares of Purple Finance Limited have been listed on BSE Limited on 14th June, 2024. A detailed announcement in the form of Press Release is attached herewith.

The Board of Directors at their meeting held on 20th April, 2024 have considered and approved the audited standalone financial statements for the year ended 31st March, 2024.