Canopy Finance has informed that a meeting of the Board of Directors of Purple Finance (PFL/ Transferee Company/ Resulting Company) is scheduled on Sunday, 17th March, 2024 at 12:30 pm at corporate office of Purple Finance to consider and approve the following: To issue and allot 1 Equity Share of Purple Finance (PFL) to the Shareholders of Canopy Finance Limited (CFL/ Transferor Company/) for every 1 Equity Share held, whose name appears on the Register of Members of Canopy Finance Limited on the Record Date,. 15th March 2024 pursuant to Scheme of Merger by Absorption of Canopy Finance by Purple Finance vide NCLT Order dated 15th February 2024; Any other Matter with the permission of the Chair. Further in accordance with the Code of Conduct for prevention of Insider Trading framed by the Company pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the Company will be closed for all Connected/Designated Persons from 11th March, 2024 and the same will remain closed till 48 hours after the announcement is made available to public.
The above information is a part of company’s filings submitted to BSE.