The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 10, 2025 for Ashray Charitable Trust
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ashray Charitable Trust, a promoter of Purple Finance Ltd, has released the pledge on 761,904 shares, representing 1.40% of the company's share capital. The encumbrance had been created on November 20, 2025 for margin purposes and was released on November 12, 2025. After the release, the trust continues to hold the same 761,904 shares (1.40%) with zero encumbered shares. This is a revised disclosure submitted to BSE on December 9, 2025 under SEBI SAST Regulations.
This is a mildly positive signal for shareholders as it removes the risk of forced sale from a margin call. The promoter's actual ownership stake remains unchanged at 1.40%, so there is no dilution or change in control.