BSEPurple Finance LtdMinimalNeutral
Announced Mon, 9 Jun · 10:57 IST

Please find enclosed herewith the copy of newspaper advertisement pertaining to the Rights Issue of the Company.

Price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Purple Finance Limited has submitted a copy of its newspaper advertisement published in The Economic Times (Mumbai edition) on June 9, 2025, regarding its ongoing Rights Issue. The company is offering Equity Shares aggregating up to ₹4,033.79 lakhs on a rights basis to eligible shareholders in the ratio of 3 Rights Equity Shares for every 14 fully paid-up Equity Shares held. The Rights Issue opened on June 2, 2025 and closes on June 10, 2025. The filing is made under Regulation 30 and 47 of SEBI LODR Regulations, 2015 with both BSE and Calcutta Stock Exchange. Purva Shareregistry is the registrar to the issue and ICICI Bank is the banker.

Likely market impact

Existing shareholders should note the issue closes on June 10, 2025 — they can either subscribe, renounce their rights entitlements, or let them lapse. The rights are priced at ₹242 per equity share, giving eligible shareholders a chance to increase their stake before the closing date.