Open Offer for 26% stake in Purple Finance at Rs 55 per share

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF Explain this filing

Price

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

-0.7%Reaction day

₹66.00

prior close

₹66.39

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.7%-0.0% vs market

Non Banking Financial Company (NBFC) peers, median of 220sector-0.5%-0.2% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.2 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

Stock

-1.3

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7-0.7-0.0-0.5-0.2

Next day

-0.4-0.8+0.4-0.7+0.3

-0.0-1.4+1.4-1.1+1.1

-3.3-1.7-1.6-1.2-2.1

-1.3-0.7-0.7-1.5+0.2

-2.8-0.5-2.3-1.1-1.7

-3.0+0.0-3.1-0.5-2.5

15d

-0.0+0.5-0.5-1.3+1.3

+4.6-1.9+6.5-1.6+6.1

+6.8+4.3+2.5-0.9+7.7

+11.4+5.8+5.5-2.4+13.7

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 220Pending

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

AI summary

Allied Commodities, Sandeep Jindal and PACs launch open offer for up to 1.76 crore shares (26% of voting capital) of Purple Finance at Rs 55 per share, totaling about Rs 97 crore. Offer runs July 1-14, 2026. Triggered by SEBI SAST Regulations 3 and 4 after preferential allotment of 1.26 crore warrants at Rs 55 each. RBI has approved change in control. No delisting planned.

Likely market impact

Shareholders can tender shares at Rs 55 between July 1-14, 2026. Acquirers gaining joint control. No delisting planned.