Please find enclosed the Annual Report for the Financial Year 2024-25.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Purple Finance Ltd has submitted its Annual Report for FY 2024-25 and announced its 31st AGM on June 12, 2025 at 11:00 AM via video conferencing. The company, an RBI-registered non-deposit taking NBFC, listed on BSE and CSE in June 2024, reported strong growth with AUM crossing ₹103.56 crore by March 2025. Branch network expanded from 3 (October 2022) to 37 branches across 5 states, with 17 new branches added in FY25 alone. Key asset quality metrics remained healthy with Gross NPA at 0.65% and PAR at 1.71%, against a gross yield of 21.06%. AGM resolutions include adoption of financial statements, re-appointment of Executive Chairman and Executive Director, appointment of new Secretarial Auditor and Independent Director, increase in authorized share capital from ₹55.6 crore to ₹60 crore, ESOP scheme amendments, and approval of material related party transactions.
For shareholders: The filing is primarily a procedural annual report submission and AGM notice. Key items requiring shareholder approval include related party transactions, increase in authorized share capital, and elevated remuneration for top executives. The strong operational metrics (AUM growth, low NPAs) suggest a healthy scaling phase, though investors should review the full annual report for detailed financials.