Please find enclosed the no objection certificate received from BSE.
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Awaiting price reaction for this filing.
Purple Finance Ltd has received a No Objection Certificate from BSE for reclassifying two members of its Promoter Group — Satyaprakash Pathak and Ranjana Satyaprakash Pathak — to the Public Category under Regulation 31A of SEBI LODR Regulations, 2015. The company's original application was filed on October 17, 2025, and BSE granted the no-objection on November 14, 2025. This means these two individuals will no longer be classified as part of the promoter group of the company. The reclassification reduces the size of the company's promoter group, though no share sale or transfer is involved — it is a change in classification only.
This is largely an administrative/classification event rather than a change in actual ownership. The company's promoter group shrinks by two members, which may slightly affect how the stock is perceived in terms of promoter control, but it does not impact the total shareholding structure or shareholder value directly.