Please find enclosed Intimation of Redemption of Unsecured, Redeemable, Unlisted Non-Convertible Debentures.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Purple Finance Ltd has redeemed 200 Unsecured, Unlisted, Redeemable Non-Convertible Debentures (NCDs) on March 18, 2026. Each NCD had a face value of Rs. 1,00,000, bringing the total redemption amount to Rs. 2 Crore. These debentures were originally part of 500 NCDs allotted on July 19, 2024, to M/s M. K. Investment Consultancy Private Limited. The NCDs were redeemed at par along with the applicable interest. This is a partial redemption, with 300 NCDs from the original tranche still outstanding.
The company has reduced its outstanding debt by Rs. 2 Crore, which is a small portion of its total borrowings. This signals timely debt servicing and liquidity availability, though the financial impact on the stock is likely minimal given the small size relative to typical company operations.