Please find enclosed Outcome of Finance Committee Meeting of the Board of Directors for extension of Rights Issue Closing Date.
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Purple Finance Limited has extended the closing date of its ongoing Rights Issue by 6 days, from the original June 10, 2025 to June 16, 2025. The Rights Issue, which opened on June 2, 2025, was extended to give eligible equity shareholders more time to apply. The Finance Committee approved this change at a meeting on June 10, 2025. All other terms of the Letter of Offer remain unchanged, and post-issue activities such as allotment, refunds, and listing have been rescheduled accordingly.
Eligible shareholders now have until June 16, 2025 to subscribe to the Rights Issue. The extension is a procedural change and not material to valuation, though it signals the company is giving investors additional time to participate.