Please find enclosed herewith Outcome of Finance Committee held on Friday, December 12, 2025 for allotment of Equity Share Warrants.
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Purple Finance Ltd's Finance Committee, at its meeting on December 12, 2025, approved the allotment of 1,00,00,000 (1 crore) equity share warrants on a preferential basis. The warrants carry a face value of INR 10 each and are issued at INR 39 per warrant, which includes a premium of INR 29 per warrant, aggregating to a total consideration of INR 39 crores. Each warrant is convertible into one equity share of the company. The entire allotment has been made to a single investor, Intellect Money Finvest Private Limited. The issue is being carried out under Chapter V of SEBI (ICDR) Regulations, 2018, read with the Companies Act, 2013.
Existing shareholders may face equity dilution once the warrants are converted into shares. The company is bringing in INR 39 crores from a single preferential investor, which strengthens capital but also concentrates ownership in one entity.