BSECompany Update4d ago · 6 Aug 2026, 10:04 pm

Please find enclosed intimation of Press Release

Purple Finance Ltd · 544191

✦ AI Summary▲ PositiveM&A

Purple Finance Ltd has announced the acquisition of Saksham Gram Credit Private Ltd for ₹99 Crore, expanding its rural and semi-urban footprint. The acquisition will strengthen its distribution network and deepen its presence across Tier II, Tier III, and Tier IV markets.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment8/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Purple Finance Ltd - 544191 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Attachments (1)

📄

01148a8b-d4b1-405b-9959-1dcaa2030107.pdf

pdf

Download →
View document text
Ref: PFL/BSE/2026-27/ 64 Date: August 06, 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: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Press Release Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the company has issued a press release regarding the acquisition of Saksham Gram Credit Private Limited by Purple Finance Limited. A copy of the press release is attached herewith for reference. This is for your information and records. Thanking You, Yours faithfully, For Purple Finance Limited Ruchi Nishar Company Secretary and Compliance Officer Encl: As above 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. Gurunanak Hospital Bandra East, Mumbai- 400051 Tel. No.: +91-22 6916 5100 | www.purplefinance.in | CIN No. L67120MH1993PLC075037 | customersupport@purplefinance.in Purple Finance to Acquire Saksham Gram Credit for a deal value of ₹99 Crore, Expanding It’s Rural & Semi-Urban Footprint Mumbai, 6 August 2026: BSE-listed non-banking financial company (NBFC) Purple Finance Limited, at its Board meeting held today, approved the acquisition of Saksham Gram Credit Private Limited as its wholly owned subsidiary for a deal value of ₹99 Crore. In the same meeting, the Board also approved a preferential allotment of approximately 1.4 crore equity shares at an issue price of ₹72 per share, aggregating to approximately ₹101 crore, subject to the completion of necessary regulatory approvals. The proposed acquisition marks a significant step in the Company's growth journey and reflects its continued commitment towards expanding financial inclusion by strengthening its presence across rural and semi-urban markets. Upon completion of the transaction, the Company will significantly expand its national footprint, growing from over 50 branches to nearly 200 branches across 12 states. The acquisition will strengthen its distribution network, deepen its presence across Tier II, Tier III and Tier IV markets, and will also help to establish a strategic foothold in Southern India. The acquisition of Saksham Gram further strengthens Purple Finance's readiness for its long- term aspiration of becoming a Small Finance Bank. Founded in December 2019, Saksham Gram Credit Private Limited is one of India's leading Business Correspondents, providing services to banks and non-banking financial companies (NBFCs). The company facilitates microfinance, unsecured business loans and secured business loans, primarily serving customers in rural and semi-urban markets. It operates through a network of 147 branches across 10 states, covering 74 districts, supported by over 31,000 microfinance centres and a workforce of approximately 900 employees. About Purple Finance Limited (BSE: PURPLEFIN) Purple Finance Limited is registered with the Reserve Bank of India as a non-deposit taking NBFC. The company forayed into retail secured lending in 2022, when Three Seasoned Professionals partnered with founder Amitabh Chaturvedi to transform Purple Finance into a digital-first, MSME-focused lender. Together, this founding team brings over 125 years of combined leadership experience from leading financial services institutions. Purple Finance now serves micro and small enterprises with secured business loans, leveraging technology and deep industry expertise to drive responsible growth. The company is listed on Bombay Stock Exchange. For further information please contact: Purple Finance Souvik Dasgupta investordesk@purplefinance.in +022 6916 5100