BSEPurple Finance LtdMediumNeutral
Announced Mon, 14 Apr · 11:47 IST

Please find enclosed intimation for withdrawal of application under Regulation 31A of the SEBI LODR Regulations for reclassification of certain persons belonging to Promoter Group Category ....

Ownership Changes View source PDF

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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Purple Finance Ltd has informed BSE and CSE that 8 persons from its promoter group have withdrawn their applications for reclassification from 'Promoter/Promoter Group' to 'Public' category under Regulation 31A of SEBI LODR Regulations. These individuals — Anil Kumar, Souvik Dasgupta, Surendra Sodhi, Sunil Mittal, Dilip Mittal, Rushabh Shah, Ashis Mohanty, and Ajit Sharma — had originally filed for reclassification via an application dated August 7, 2024. Following the withdrawal, all 8 persons will continue to be classified under the Promoter/Promoter Group category.

Likely market impact

No change in shareholding structure or promoter classification — the promoter group composition remains as before. This is procedural and unlikely to have any material impact on the stock price.