Corporate News Details

Purple Finance revises EGM notice, details Saksham Gram Credit acquisition with Rs 28.8 crore consideration

(25-Aug-26   22:14)

Purple Finance Limited issued a corrigendum to the notice of its Extraordinary General Meeting (EGM) dated August 6, 2026, detailing changes to the explanatory statement regarding the proposed preferential allotment of 99,99,952 equity shares and clarifications concerning the acquisition of Saksham Gram Credit Private Limited, including a cash consideration of Rs 28,80,00,000 and a share swap. The company also revised the "Relevant Date" for determining the floor price to Friday, July 31, 2026, and disclosed the Ultimate Beneficial Owners for Krishna Kumar Agarwal (HUF) and Rajesh Baheti – Prop, with their respective PAN numbers.