Please find enclosed Notice of 32nd AGM and Annual Report for the FY 2025-26.
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Purple Finance has sent notice for its 32nd Annual General Meeting scheduled for Friday, June 26, 2026 at 3:00 PM, along with the Annual Report for FY2025-26. Key dates: cut-off date for voting is June 19, 2026; remote e-voting runs from June 22 (9:00 AM) to June 25 (5:00 PM), 2026, via Purva Sharegistry. The Annual Report shows revenue from operations jumping from Rs. 14.72 crore (FY25) to Rs. 47.65 crore (FY26), while losses narrowed sharply from Rs. 15.55 crore to Rs. 6.44 crore. AUM grew 142% to Rs. 249 crore with Gross NPA at 1.48%, served by 46 branches across 7 states and 4,200+ customers. The company raised Rs. 84 crore through two Rights Issues, secured equity fundraising tie-ups of Rs. 148 crore, received a BBB- (Stable) credit rating, and got IRDAI Corporate Agent registration. No dividend has been recommended due to the full-year loss, though Q4 FY26 turned profitable with a PBT of Rs. 42 lakhs.
Shareholders should review the Annual Report and exercise their vote through e-voting between June 22-25, 2026. Strong revenue growth, narrowing losses, and successful capital raising signal a scaling MSME lending franchise, but the absence of a dividend reflects ongoing reinvestment in growth.