Pursuant to Regulation 30 of SEBI (LODR) Regulations and in furtherance to its intimation dated 29th June, 2024, Purple Finance has informed that the Finance Committee of Directors of the company at their Meeting held on Wednesday, 17th July, 2024 have considered and approved the Offer and issuance of Unsecured Unlisted Redeemable Non-Convertible Debentures of the Company for an amount not exceeding ?5,00,00,000/- by way of private placement in accordance with the applicable laws, as amended, subject to such approvals, as may be required under the applicable laws. The Finance Committee Meeting commenced at 11:00 am and concluded at 11:20 am.
The above information is a part of company’s filings submitted to BSE.
