Allotment of 1.26 Crore Equity Share Warrants on Preferential Basis

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Price reactionminutes from the announcement price · days from the prior close

-0.4%Reaction day

₹66.78

prior close

₹66.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.8%-2.2% vs market

Non Banking Financial Company (NBFC) peers, median of 219sector+1.3%-1.7% vs sector

On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 1.7 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

-0.4+1.8-2.2+1.3-1.7

Next day

+1.7+2.3-0.7+1.3+0.3

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15d

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 219Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Purple Finance's Finance Committee approved allotment of 1,26,00,000 equity share warrants at Rs. 55 each (including Rs. 45 premium, face value Rs. 10) on a preferential basis, aggregating Rs. 69.30 crores. Allottees include 2 promoter/promoter group entities and 6 non-promoters. The company received 25% upfront (Rs. 17.325 crores); the balance is payable upon warrant exercise within 18 months. No change in paid-up capital until conversion.

Likely market impact

Future dilution possible when warrants convert; shows promoter group and outside investor confidence through fresh capital infusion.