BSECompany Update24 Jul 2026 · 24 Jul 2026, 02:20 pm

Mark Corporate Advisors Pvt. Ltd ("Manager to the Offer") has submitted to BSE a copy Post Offer Advertisement under Regulation 18 (12) of Securities and Exchange Board of India (Substantial ....

Purple Finance Ltd · 544191

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Purple Finance Ltd has received an open offer from Allied Commodities Private Limited and Mr. Sandeep Jindal to acquire up to 26% of the company's emerging voting capital at Rs. 55 per share.

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Purple Finance Ltd - 544191 - Post Offer Advertisement

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POST OFFER ADVERTISEMENT UNDER REGULATION 18 (12) OF SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, AND AMENDMENTS THERETO (“SEBI (SAST) REGULATIONS, 2011”) FOR THE ATTENTION OF THE PUBLIC SHAREHOLDERS OF PURPLE FINANCE LIMITED (CIN: L67120MH1993PLC075037) Registered Office at: 11, Indu Chamber, 349/353, 1st Floor, Samuel Street, Vadgadi, Masjid Bunder (West), Mumbai - 400 003, Maharashtra, India. Corporate Office at: 5/502, 5th Floor, Hallmark Business Plaza, Opp. Guru Nanak Hospital, Bandra (E), Mumbai - 400 051, Maharashtra, India. Telephone No.: +91 22 6916 5100 • Email ID: compliance@purplefinance.in Open Offer for acquisition up to 1,76,48,152 fully paid-up equity shares having face value of `10 each representing 26.00% of Emerging Voting Capital of Purple Finance Limited (“Purple”/“Target Company”) at a price of `55.00 per equity share from the public shareholders of the Target Company by Allied Commodities Private Limited (“Acquirer 1”) and Mr. Sandeep Jindal (“Acquirer 2”) (“Acquirer 1” and “Acquirer 2” hereinafter collectively referred to as “Acquirers”) together with Intellect Stock Broking Limited (“PAC 1”), Intellect Money Finvest Private Limited (“PAC 2”), Mr. Amitabh Chaturvedi (“PAC 3”) and AC Enterprises Private Limited (“PAC 4”) (“PAC 1”, “PAC 2”, “PAC 3” and “PAC 4” are hereinafter collectively referred to as “PACs”) pursuant to and in compliance with Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (“SEBI (SAST) Regulations, 2011”). This Post Offer Advertisement is issued by Mark Corporate Advisors Private Limited (“Manager to the Offer”), in respect of the Open Offer, on behalf of the Acquirers and the PACs, pursuant to and in compliance with Regulation 18 (12) of SEBI (SAST) Regulations, 2011. The Detailed Public Statement with respect to the Offer was made on Friday, February 13, 2026, in the following newspapers: Publication Language Edition(s) Business Standard English All Editions Business Standard Hindi All Editions Navshakti Marathi Mumbai Edition 1) Name of the Target Company : Purple Finance Limited 2) Name of the Acquirers and the PACs Acquirers: 1. Allied Commodities Private Limited 2. Mr. Sandeep Jindal PACs: 1. Intellect Stock Broking Limited 2. Intellect Money Finvest Private Limited 3. Mr. Amitabh Chaturvedi 4. AC Enterprises Private Limited 3) Name of the Manager to the Offer : Mark Corporate Advisors Private Limited 4) Name of the Registrar to the Offer : Purva Sharegistry (India) Private Limited 5) Offer Details: a) Date of Opening of the Offer : Wednesday, July 01, 2026 b) Date of Closure of the Offer : Tuesday, July 14, 2026 6) Date of Completion of Payment of Consideration and communication of Rejection / Acceptance : Friday, July 17, 2026 7) Details of Acquisition by the Acquirers and PACs: Sr. Proposed in the Particulars Actuals No. Letter of Offer 7.1. Offer Price (in `) `55.00 per `55.00 per Equity Share Equity Share 7.2. Aggregate number of Shares tendered Up to 1,76,48,152 36 Equity Shares(1) Equity Shares 7.3. Aggregate number of Shares accepted Up to 1,76,48,152 36 Equity Shares(1) Equity Shares 7.4. Size of the Offer (Number of Equity Shares multiplied by Offer Price per Equity Share) `97,06,48,360(1)(2) `1,980(2) 7.5. Shareholding of the Acquirers and the PACs before Public Announcement • Number 95,87,654(3) 95,87,654(3) • % of Emerging Voting Capital 14.12% 16.26% 7.6. Shares acquired upon Conversion of warrant which triggered off the Regulations • Number 1,00,00,000 45,00,000 • % of Emerging Voting Capital 14.73% 7.64% 7.7. Shares Acquired by way of Open Offer • Number 1,76,48,152(1) 36 • % of Emerging Voting Capital 26.00% 0.00% 7.8. Shares acquired after Detailed Public Statement (“DPS”) • Number Nil Nil • Price Per Share Not Applicable Not Applicable • % of Emerging Voting Capital Not Applicable Not Applicable 7.9. Post Offer Shareholding of the Acquirers and the PACs • Number 3,72,35,806(3) 1,40,87,690(3) • % of Emerging Voting Capital 54.86% 23.90% 7.10. Pre & Post offer Shareholding of the Public: Pre-Offer Post Offer Pre-Offer Post Offer • Number 3,69,88,422 2,27,93,563(4) 3,69,88,422 3,70,02,136(5) • % of Emerging Voting Capital 54.49% 33.58% 54.49% 62.78% 7.11. Post Offer Shareholding of the Target Company No. of Share % of shareholding Promoters and Promoters Group (A) 1,40,87,690 23.90% Acquirers and the PACs [including Deemed PAC] Existing Promoters 78,48,136 13.32% Total (A) 2,19,35,826 37.22% Public Shareholders (B) 3,70,02,136(5) 62.78% Total (A+B) 5,89,37,962 100.00% (1) Assuming full acceptance in the Open Offer. (2) Excludes Brokerage and other charges. (3) Including 5,47,787 Equity Shares held by the Deemed PACs. (4) It includes 34,53,293 equity shares granted/to be granted under ESOP. (5) It includes 13,750 Equity Shares allotted upon exercise of vested stock option. 8) The Acquirers and the PACs accepts full responsibility for the information contained in this Post Offer Advertisement and for the obligations under SEBI (SAST) Regulations, 2011. 9) A copy of this Post Offer Advertisement will be available on the websites of SEBI, BSE Limited and will be dispatched to the registered office of the Target Company. Capitalized terms used in this advertisement, but not defined herein, shall have the same meanings assigned to such terms in the Letter of Offer dated June 20, 2026. Issued by Manager to the Offer: MARK CORPORATE ADVISORS PRIVATE LIMITED CIN: U67190MH2008PTC181996 404/1, The Summit, Sant Janabai Road (Service Lane), Off W. E. Highway, Vile Parle (East), Mumbai-400 057. Tel. No.: +91 22 2612 3207/08 Contact Person: Mr. Manish Gaur E-Mail: openoffer@markcorporateadvisors.com Investor Grievance Email ID: investorgrievance@markcorporateadvisors.com SEBI Regn No.: INM000012128 For and on behalf of the Acquirers and the PACs: For Allied Commodities Private Limited For Intellect Stock Broking Limited (“Acquirer 1”) (“PAC 1”) Sd/- Sd/- Sd/- Sandeep Jindal Sandeep Jindal Sandeep Jindal Director (“Acquirer 2”) Director For Intellect Money Finvest Private Limited For AC Enterprises Private Limited (“PAC 2”) (“PAC 4”) Sd/- Sd/- Sd/- Sandeep Jindal Amitabh Chaturvedi Amitabh Chaturvedi Authorised Signatory (“PAC 3”) Director Place : Mumbai Date : July 24, 2026