Please find enclosed Intimation under Regulation 30 and 31A of SEBI (LODR) Regulations, 2015
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Purple Finance Ltd has received shareholder approval via Postal Ballot (results declared on January 02, 2026) to reclassify two members of its Promoter Group into the Public Category under SEBI LODR Regulation 31A. Mr. Satyaprakash Pathak (2.11%, ~11.47 lakh shares) and Ms. Ranjana Pathak (7.67%, ~41.72 lakh shares), together holding about 9.78% stake, will no longer be classified as promoters. BSE had already given its no-objection earlier, and the company's board had approved the move in October–November 2025.
These individuals still own their shares — nothing is being sold — but they will no longer be tagged as promoters, reducing the formal promoter group's holdings by roughly 9.78% and leaving the company more closely held by its remaining promoters. Investors should watch whether further changes in the promoter group follow.