Purple Finance Ltd allots 1,12,04,985 equity shares on rights basis

Pursuant to the finalization of the Basis of Allotment of the Rights Issue, in consultation with the Designated Stock Exchange, BSE Limited, the Finance Committee of Purple Finance Limited has approved the allotment of 1,12,04,985 Fully Paid-up Rights Equity Shares at a price of Rs. 40/- per Rights Equity Share (including a premium of Rs. 30/- per Right Equity Share) having face value of Rs. 10/- each) ("Allotment") on 16th October, 2024.

Accordingly, pursuant to the Allotment, the paid-up equity share capital of the Company has increased from Rs. 33,61,49,540/- to Rs. 44,81,99,390/- and accordingly the number of Equity shares to 4,48,19,939 Equity shares.

Source : Equity Bulls

Keywords

PurpleFinance RightsIssue SharesAllotment