Announced Wed, 24 Jun · 12:04 IST
IDC recommendation on open offer published in newspapers
Compliance View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.6%1-day move
₹66.40
prior close
₹66.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.6+0.6-0.6-3.9-1.9-3.4-3.0-3.6-2.3+3.2——
Up moveDown movePending
AI summary
The Committee of Independent Directors gave reasoned recommendations on June 23, 2026 regarding the open offer for Purple Finance by acquirers Allied Commodities Pvt Ltd and Sandeep Jindal, along with persons acting in concert. The newspaper ad was published on June 24, 2026 in Business Standard (English and Hindi) and Navshakti (Marathi), and also placed on the company website.
Likely market impact
Public shareholders should review the IDC's reasoned recommendations to decide whether to accept or reject the open offer for their shares.