Open Offer Letter of Offer received at ₹55 per share for 26% stake

Capital Market Events View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-1.0%Reaction day

₹66.40

prior close

₹67.40

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-0.9% vs market

Non Banking Financial Company (NBFC) peers, median of 213sector+0.0%-1.0% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 1.0 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

-0.6

10m

-0.6

15m

-0.6

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0-0.1-0.9+0.0-1.0

Next day

-0.6-0.7+0.1-0.2-0.4

-3.9-1.0-2.9-0.8-3.1

-1.9+0.0-2.0-0.4-1.6

-3.4+0.2-3.6-0.2-3.2

-3.0+1.1-4.1+0.3-3.3

-3.6+0.9-4.5+0.6-4.2

15d

-2.3+0.8-3.1-0.0-2.3

+3.2-0.8+4.1-1.3+4.5

+6.2+5.0+1.1-1.1+7.2

+7.7+5.0+2.7-1.6+9.3

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 213Pending

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

AI summary

Purple Finance received the Letter of Offer for an Open Offer triggered by preferential allotment of 1.26 crore convertible warrants. Acquirers Allied Commodities and Sandeep Jindal along with 4 PACs (Intellect Stock Broking, Intellect Money Finvest, Amitabh Chaturvedi, AC Enterprises) offer to buy up to 1,76,48,152 shares (26% of emerging voting capital) at ₹55 per share, aggregating about ₹97.06 crore. RBI approval received June 3, 2026. Offer window: July 1 to July 14, 2026. No delisting planned.

Likely market impact

Shareholders can tender shares at ₹55 between July 1-14, 2026. Change of control triggered by warrant allotment; acquirers do not plan to delist.