Purple Finance pays scheduled interest of Rs 16.44 lakh on time
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On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.6 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Purple Finance paid Rs 16.44 lakh of interest on October 26, 2026, the due date, for listed bonds that cannot be converted into shares. The issue size is Rs 16.67 crore, interest is paid monthly, and there was no delay or change in payment frequency. No redemption payment was made, and tax was deducted as required.
The timely payment indicates regular servicing of the company’s debt obligations, with no clear immediate impact on the share price.