Purple Finance Plays Its Cards Right: Major Fundraising Proposal on the Table

Purple Finance Limited, a Mumbai-based non-banking financial company, is gearing up for a pivotal Finance Committee meeting on December 24, 2025. The primary agenda includes evaluating options for raising capital through the issuance of equity shares, preference shares, warrants, debentures, or other permitted securities. The company is exploring all available routes rights issues, qualified institutional placements, preferential issues, and more pending regulatory and shareholder approvals.
 

This strategic move comes amid a period of active portfolio management and expansion for Purple Finance, which recently executed a high-value portfolio sale and has been consistently growing its asset base. The closure of the trading window for insiders underscores the sensitivity and importance of the upcoming decision.
 

Key Highlights

Source: BSE India Corporate Announcements