Please find enclosed the receipt of Draft Letter of Offer

Ref: PFL/BSE/2026-27/35 June 23, 2026 The Secretary BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Equity Debt Scrip code 544191 977452 977715 977718 977748 Scrip ID PURPLEFIN 1225PFL28 1250PFL31 PFL06426 12PFL28 Sub.: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Receipt of Letter of Offer. Ref: Submission of the Letter of Offer made by the Manager to the Open Offer (Mark Corporate Advisors Private Limited) to the Stock Exchange. Dear Sir/ Madam, In continuation to our intimation dated Tuesday, February 24, 2026 of the receipt of the Draft Letter of Offer dated Monday, February 23, 2026 from Mark Corporate Advisors Private Limited, Manager to the Open Offer, and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Company has on Tuesday, June 23, 2026 received the Letter of Offer dated Saturday, June 20, 2026 from Mark Corporate Advisors Private Limited, Manager to the Open Offer, in connection with the Open Offer under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI SAST Regulations”) made 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” hereinafter collectively referred to as PAC) in their capacity as persons acting in concert with the Acquirers. A copy of the Letter of Offer is enclosed herewith for your reference and records. Thanking you, Yours faithfully, For Purple Finance Limited Ruchi Nishar Company Secretary and Compliance Officer Purple Finance Limited Registered Office: 11, Indu Chamber, 349/353, Samuel Street, Masjid Bunder West, Mumbai – 400003. Corporate Office: 705/706, 7th 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 Letter of Offer THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This Letter of Offer (“LoF”) is sent to you as an Eligible Equity Shareholder (as defined below) of Purple Finance Limited (“Purple”/“Target Company”). If you require any clarifications about the action to be taken, you may consult your stockbroker or Investment Consultant or Manager to the Offer or Registrar to the Offer. In case you have recently sold your shares in the Target Company, please hand over this LoF and the accompanying form of acceptance and Transfer Deed to the member of the Stock Exchange through whom the said sale was affected. OPEN OFFER BY Sr. No. Acquirers Address Contact No. Email ID 1) Allied Commodities Private Limited 232, Chittaranjan Avenue, 7th Floor, intellect@ (“Acquirer 1”) Kolkata-700006, West Bengal. India. intellectmoney.com 2) Mr. Sandeep Jindal A 601, Shikhar Tower, Adarsh Nagar sjindal@ (“Acquirer 2”) No 1, New Link Road, Oshiwara, intellectmoney.com Jogeshwari (West). Mumbai-400102, +91 93201 Maharashtra. India. 25387 3) Intellect Stock Broking Limited 232, Chittaranjan Avenue, 7th Floor, intellect@ (“ISBL”/“PAC 1”) Kolkata-700006, West Bengal. India. intellectmoney.com 4) Intellect Money Finvest Private Limited 905, CTS No. 720/42-46, Oshiwara sjindal@ (“IMFPL”/“PAC 2”) Village Nr. VIP, Andheri, Mumbai- intellectmoney.com 400053, Maharashtra, India. 5) Mr. Amitabh Chaturvedi Flat No. 2904, Sumer Trinity Tower, +91 22 6916 amitabh.chaturvedi08@ (“PAC 3”) Tower No. 2B, Near Samna Press, New 5100 gmail.com 6) AC Enterprises Private Limited Prabhadevi Road, Mumbai-400025, +91 97027 ywadhivkar@ (“ACEPL”/“PAC 4”) Maharashtra, India. 65666 gmail.com to acquire 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 the Target Company at a price of ₹55.00 per equity share (“Offer Price”), payable in cash in accordance with Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and amendments thereto (“SEBI (SAST) Regulations, 2011”) from the Eligible Equity Shareholders PURPLE FINANCE LIMITED (CIN: L67120MH1993PLC075037) Registered Office at: 11, Indu Chamber, 349/353, 1st Floor, Samuel Street, Vadgadi, Masjid Bunder (West), Mumbai-400003, Maharashtra, India. Corporate Office at: 705/706, 7th Floor, Hallmark Business Plaza, Opp. Guru Nanak Hospital, Bandra (E), Mumbai-400051, Maharashtra, India. Telephone No.: +91 22 6916 5100 | Email ID: compliance@purplefinance.in 1) This Offer is being made by the Acquirers and the PACs pursuant to Regulations 3 and 4 of SEBI (SAST) Regulations 2011. 2) This Offer is not a conditional offer in terms of Regulation 19 of the SEBI (SAST) Regulations, 2011 and is not subject to any minimum level of acceptance. 3) This Open Offer is not a competing offer in terms of Regulations 20 of SEBI (SAST) Regulations, 2011. 4) The marketable lot for the Equity Shares of the Target Company is 1 (One) Equity Share. 5) The Reserve Bank of India, Mumbai (“RBI”) vide its Letter No. CO.DOR.HGG.No.S1930/16-80-001/2026-2027 dated June 03, 2026 has granted its prior approval to the Acquirers and the PACs for the proposed acquisition of equity shares/convertible warrants as well as change in control of the Target Company. As on date, no other Statutory Approvals are required by the Acquirers and the PACs to complete the Open Offer. In case, if any Statutory Approval(s) are required or become applicable at a later date before the closure of the Tendering Period, the Offer shall be subject to the receipt of such Statutory Approval(s). 6) The Acquirers and PACs may withdraw the Offer in accordance with of Regulation 23(1) of the SEBI (SAST) Regulations. In the event of a withdrawal of the Open Offer, the Acquirers and PACs (through the Manager to the Open Offer) shall, within 2 (two) Working Days of such withdrawal, make a public announcement, in the same Newspapers in which the Detailed Public Statement was published, in accordance with Regulation 23(2) of the SEBI (SAST) Regulations and such public announcement will also be sent to SEBI, the Stock Exchange and the Target Company at its registered office, in accordance with Regulation 23(2) of the SEBI (SAST) Regulations.” 7) The Offer Price may be subject to upward revision, if any, pursuant to the SEBI (SAST) Regulations, 2011 or at the discretion of the Acquirers and PACs at any time prior to the commencement of the last 1 (one) Working Day before the commencement of the Tendering Period, in accordance with Regulation 18(4) of the SEBI (SAST) Regulations. In the event of such revision, the Acquirers and PACs shall: (i) make corresponding increase to the Escrow Amount; (ii) make a public announcement in the same newspapers in which the Detailed Public Statement was published; and (iii) simultaneously with the issue of such public announcement, inform SEBI, the Stock Exchange, and the Target Company at its registered office, of such revision. However, the Acquirers and PACs shall not acquire any equity shares after the 3rd working day prior to the commencement of the Tendering Period, and until the expiry of the Tendering Period. The same price shall be payable by the Acquirers and PACs for all the equity shares tendered in the Open Offer anytime during the Open Offer. 8) There has been no competing offer to the Open Offer as of the date of this Letter of Offer (“LoF”). A copy of the Public Announcement (“PA”), Detailed Public Statement (“DPS”), Draft Letter of Offer (“DLoF”) and Letter of Offer (“LoF”) (including the Form of Acceptance-cum-Acknowledgement) will also be available on the website of Securities a [Showing first 8,000 characters — download PDF for full document]