Please find enclosed update pertaining to receipt of Approval from Reserve Bank of India.
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Purple Finance Limited has received approval from the Reserve Bank of India (RBI), via a letter dated June 3, 2026, for the acquisition of control and change in shareholding of the company. The approval also covers the proposed open offer and issuance of Equity Share Warrants. This clearance is granted under the RBI's NBFC – Acquisition of Shareholding or Control Directions, 2025. The company has stated that remaining procedural and regulatory formalities will be completed in due course.
This is a key regulatory milestone that paves the way for a change in control of the NBFC. Shareholders should watch for details of the open offer, as it could directly affect the stock price and provide an exit opportunity at a potentially attractive price.