BSECompany Update23 Jun 2026 · 23 Jun 2026, 03:59 pm

Please find enclosed the intimation for receipt of letter of offer by Mark Corporate Advisors Private Limited

Purple Finance Ltd · 544191

✦ AI Summary▲ PositiveM&A

Purple Finance Ltd announced the receipt of the final Letter of Offer from Mark Corporate Advisors Private Limited for an open offer. Acquirers Allied Commodities Private Limited, Mr. Sandeep Jindal, and Two Infinity Partners, along with Persons Acting in Concert (PACs), intend to acquire up to 1,76,48,152 equity shares, representing 26.00% of the company's emerging voting capital, at an offer price of ₹55.00 per share, payable in cash. The Reserve Bank of India has granted its prior approval for this acquisition and change in control.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10

Full Announcement

Purple Finance Ltd - 544191 - Announcement under Regulation 30 (LODR)-Open Offer - Updates