Change in Management: Deputy CEO appointed, new Internal Auditor

Management Changes View source PDF Explain this filing

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

+0.5%Reaction day

₹67.50

prior close

₹68.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-0.8% vs market

Non Banking Financial Company (NBFC) peers, median of 214sector+0.0%+0.5% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.5 pts more 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

Stock

-1.5

10m

-1.5

15m

-1.5

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5+1.3-0.8+0.0+0.5

Next day

+0.8+1.1-0.3-0.1+0.9

+0.4-0.4+0.8-1.2+1.6

+0.0+2.0-2.0-0.1+0.1

+0.7+1.9-1.1-0.2+0.9

+2.2+1.9+0.3-0.4+2.6

-2.2+3.0-5.2-0.1-2.1

15d

+3.3+2.3+1.0-2.3+5.6

-0.8+2.8-3.7-3.5+2.7

-1.5+11.9-13.4-2.8+1.3

+12.6+10.5+2.1-4.3+16.9

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 214Pending

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

AI summary

Purple Finance's board approved three changes on April 21, 2026. Mr. Souvik Dasgupta, previously Chief Business Officer with 25+ years at ICICI Bank, HDFC Bank, and Reliance Money, was re-designated as Deputy CEO (not classified as a KMP, part of Senior Management). Mr. Lalit Semwal was appointed as Head - Collection. M/s Agre Dasija Patel & Associates LLP was appointed as Internal Auditor for FY2026-27.

Likely market impact

Routine internal leadership restructuring with experienced personnel and a new internal auditor; notably the Deputy CEO role is kept outside KMP classification.