BSEPurple Finance LtdMinimalNeutral
Announced Sat, 7 Feb · 12:50 IST

Purple Finance Ltd has submitted to BSE copies of the newspaper advertisements pertaining to the dispatch of Notice of Postal Ballot.

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Purple Finance Ltd has informed BSE about the publication of newspaper advertisements regarding the dispatch of its Postal Ballot Notice on February 7, 2026. The advertisements appeared in Financial Express (English) and Mumbai Lakshdeep (Marathi), as required under SEBI Listing Regulations. The Postal Ballot contains four resolutions covering: (1) alteration of Articles of Association relating to Board composition, (2) consolidation of shares, (3) appointment of a Non-Executive Independent Director, and (4) adoption of a revised set of Articles of Association. The e-voting window runs from Saturday, February 7, 2026 (9:00 AM) to Sunday, March 8, 2026 (5:00 PM), with January 30, 2026 as the cut-off date for e-voting eligibility. Mr. Deepak Mohta (PCS Membership No. 23604) has been appointed as the scrutinizer for the postal ballot process.

Likely market impact

Shareholders should review the postal ballot resolutions carefully and cast their votes through e-voting before the March 8, 2026 deadline. The proposed share consolidation and changes to Board composition are material corporate actions that could affect shareholding patterns and governance, warranting close attention from investors.