BSEBoard Meeting3d ago · 22 Sept 2026, 03:08 pm

Please find enclosed Outcome of Finance Committee Meeting held on September 22, 2026

Purple Finance Ltd · 544191

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Purple Finance Ltd has announced the outcome of its Finance Committee Meeting, where it has approved the issuance of up to 15,000 senior, secured, rated, listed, redeemable, transferable, INR denominated, non-convertible debentures worth up to Rs. 15,00,00,000. Additionally, the company has approved the sale of a part of its loan portfolio aggregating up to INR 20 crores and revised the amount of the sale of portfolio approved in the Finance Committee Meeting dated September 10, 2026 from INR 8.74 crores to INR 12 crores.

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Growth Catalyst4/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk5/10
Liquidity Impact7/10
Market Sentiment5/10

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Purple Finance Ltd - 544191 - Board Meeting Outcome for Outcome Of Finance Committee Meeting Held On September 22, 2026

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Ref: PFL/BSE/2026-27/82 Date: September 22, 2026 BSE Limited The Corporate Relationship Department P.J. Towers, 1st Floor, Dalal Street, Mumbai – 400 001. Equity Debt Scrip Code 544191 977452 977715 977718 977748 978011 Scrip ID PURPLEFIN 1225PFL28 1250PFL31 PFL06426 12PFL28 1190PFL28 Sub: Regulation 30 and Regulation 51 (2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015- Outcome of the Finance Committee Meeting held on September 22, 2026 Ref: SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 January 30, 2026. Dear Sir/Madam, Pursuant to Regulation 30, Regulation 51 (2) and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we would like to inform you that the Finance Committee of the Board of Directors of the Company at their Meeting held today i.e. September 22, 2026, inter alia, has considered and approved the following matters: 1. Issuance of up to 15000 (Fifteen Thousand) Senior, Secured, Rated, Listed, Redeemable, Transferable, INR Denominated, Non-Convertible Debentures having face value of Rs. 10,000/- each (Rupees Ten Thousand only) of the aggregate nominal value of up to Rs. 15,00,00,000/- (Rupees Fifteen Crores Only), for cash, at par, on a Private Placement Basis in one or more tranches. The Issuance of NCDs will be within the current borrowing limits applicable to the Company under Section 180(1) (c) of the Companies Act, 2013. Purple Finance Limited Registered Office: 11, Indu Chamber, 349/353, Samuel Street, Masjid Bunder West, Mumbai – 400003. Corporate Office: 5/502, 5th Floor, Hallmark Business Plaza, Sant Dnyaneshwar Marg, Opp. Guru Nanak Hospital, Bandra (E), Mumbai- 400051 Tel. No.: +91-22 6916 5100 | www.purplefinance.in | CIN No. L67120MH1993PLC075037 | customersupport@purplefinance.in The disclosure as required under Regulation 30 of SEBI LODR Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is attached as Annexure I. A. Sale of a part of the Company's loan portfolio aggregating up to INR 20 crores. B. Revision of the amount of the sale of portfolio approved in the Finance Committee Meeting dated September 10, 2026 from INR 8.74 crores to INR 12 crores. Accordingly the approval granted in the Finance Committee held on September 10, 2026 (Ref: PFL/BSE/2026-27/79) shall stand amended to this extent. Both transactions are under the Direct Assignment route, in terms of the Master Direction – Reserve Bank of India (Non- Banking Financial Companies - Transfer and Distribution of Credit Risk) Directions, 2025, as amended from time to time. The Direct Assignment transactions are expected to be income accretive and reaffirms the Company's ability to originate and create a quality loan portfolio. Under these transactions, the participation ratio between the Assignee) and Purple Finance Limited shall be 90:10. Purple Finance Limited shall continue to act as the servicer for all the loans assigned under these arrangements. The Meeting commenced at 02:30 p.m. and concluded at 02:50 p.m. The aforementioned information will be available at the website of the Company at www.purplefinance.in. This is for your information and records. Thanking you, Yours faithfully, For Purple Finance Limited Ruchi Nishar Company Secretary and Compliance Officer Encl: A/a Purple Finance Limited Registered Office: 11, Indu Chamber, 349/353, Samuel Street, Masjid Bunder West, Mumbai – 400003. Corporate Office: 5/502, 5th Floor, Hallmark Business Plaza, Sant Dnyaneshwar Marg, Opp. Guru Nanak Hospital, Bandra (E), Mumbai- 400051 Tel. No.: +91-22 6916 5100 | www.purplefinance.in | CIN No. L67120MH1993PLC075037 | customersupport@purplefinance.in Annexure I Minimum Information to be disclosed to the Stock Exchange as per Master circular dated January 30, 2026, for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 by listed entities. I. The disclosure as per Regulation 2.1 (a) to (d) of Annexure 18 of the SEBI Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 January 30, 2026, is given below: Sr. Particulars Details of Issuance of Security 1. Type of securities proposed to be Senior, Secured, Rated, Listed, Redeemable, Transferable, issued INR Denominated, Non-Convertible Debentures 2. Type of issuance Private Placement basis. 3. Total number of securities proposed to Upto 15,000 (Fifteen Thousand) Senior, Secured, Rated, be issued or the total amount for which Listed, Redeemable, Transferable, INR Denominated, Non- the securities will be issued Convertible Debentures having face value of INR 10,000/- (Rupees Ten Thousand only) each aggregating up to INR 15,00,00,000/- (Rupees Fifteen Crores only) in one or more tranches. 4. In case of preferential issue, the listed Not Applicable entity shall disclose the following additional details to the stock exchange(s): i. names of the investors; ii. post allotment of securities - outcome of the subscription, issue price / allotted price (in case of convertibles): number of investors: iii. in case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument.: Purple Finance Limited Registered Office: 11, Indu Chamber, 349/353, Samuel Street, Masjid Bunder West, Mumbai – 400003. Corporate Office: 5/502, 5th Floor, Hallmark Business Plaza, Sant Dnyaneshwar Marg, Opp. Guru Nanak Hospital, Bandra (E), Mumbai- 400051 Tel. No.: +91-22 6916 5100 | www.purplefinance.in | CIN No. L67120MH1993PLC075037 | customersupport@purplefinance.in II. The disclosure as per Regulation 2.1 (g) of Annexure 18 of the SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 January 30, 2026, is given below: Sr. Particulars Details of Issuance of Security 1. Size of the issue Upto INR 15,00,00,000 (Rupees Fifteen Crores Only) 2. Whether proposed to be listed? If yes, name The Non-Convertible Debentures are proposed to be listed of the stock exchange(s): on the Whole Sale Debt market of BSE Limited 3. Tenure of the instrument - date of allotment 30 (Thirty) Months 8 (Eight) Days, from the deemed Date of and date of maturity: Allotment and Maturity will be determined in due course. 4. Coupon/interest offered, schedule of 11.90% (Eleven Decimal Nine Zero Percent) per annum payment of coupon/interest and principal: payable monthly. The principal amount outstanding on the Debentures will be repaid in 5 (five) installments and final principal payment on the maturity date / final settlement i.e. 30 (Thirty) Months 8 (Eight) Days from the deemed date of allotment of the Debentures. 5. Charge/security, if any, created over the The Debentures shall be secured by way of: assets: i. a first ranking pari passu and continuing charge to be created in favour of the Debenture Trustee pursuant to an unattested Deed of Hypothecation, to be executed and delivered by the Issuer in a form acceptable to the Debenture Trustee ("Deed of Hypothecation") over the identified book debts/loan receivables of the Issuer as described therein (the "Hypothecated Assets"), and ii. Such other security interest as may be agreed between the Issuer and the Debenture Holders [(i) and (ii) are collectively referred to as the "Transaction Security"]. 6 Special right / interest / privileges attached Not Applicable to the instrument and changes thereof: 7. Delay in payment of interest / principal On the occurrence of any payment default, additional amount for a period of more than three interest at 2% (two percent) per annum over the Interest months from the due date or default in Rate will be payable on the outstanding principal amounts payment of interest / principal: in respect of the Debentures from the date of the occurrence of such Payment Default until such payment default is cured or the Debentures are fully redeemed by the Company (whichever is earlier). Purple Finance Limite [Showing first 8,000 characters — download PDF for full document]