Purple Finance Limited Schedules Board Meeting on February 6, 2026 for Fund Raising Proposal

Purple Finance Limited has announced a board meeting to consider fund raising proposals, scheduled for February 06, 2026. The meeting will be held at the company's corporate office to evaluate various securities issuance options under applicable regulatory frameworks. Meeting Details and Agenda The board meeting has been convened in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary agenda focuses on fund raising through multiple securities options. Parameter: Details Meeting Date: February 06, 2026 Meeting Day: Friday Venue: Corporate Office Regulation: SEBI LODR Regulation 29 Fund Raising Options Under Consideration The board will evaluate several securities issuance methods to raise capital for the company's operations and growth initiatives. Security Type: Issuance Methods Equity Shares: Rights Issue, QIP, Preferential Issue Preference Shares: Various permitted methods Warrants: As per applicable law Other Securities: Subject to regulatory approval Regulatory Compliance and Approvals The fund raising proposal will be subject to multiple regulatory and statutory approvals as required under applicable law. Purple Finance Limited has indicated it will seek shareholder approval for the proposal through appropriate channels. The company plans to obtain member approval through either: Postal ballot process Extraordinary General Meeting Trading Window Restrictions In accordance with insider trading regulations, Purple Finance Limited has implemented trading window restrictions for company insiders and other relevant persons. The trading window will remain closed until 48 hours after the board meeting outcome is officially declared. This measure ensures compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and other applicable laws governing securities trading by insiders. Stock Exchange Information The company has informed BSE Limited about the scheduled board meeting as part of its disclosure obligations. Exchange Details: Equity Debt Scrip Code: 544191 977452 Scrip ID: PURPLEFIN 1225PFL28 Purple Finance Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing a remarkable turnaround in quarterly performance. The Board of Directors approved these results at their meeting held on January 21, 2026. Quarterly Performance Shows Strong Recovery The company achieved a significant milestone by reporting a net profit of ₹1.22 lakhs in Q3FY26, marking a dramatic reversal from the net loss of ₹183.15 lakhs recorded in Q3FY25. This turnaround represents a fundamental shift in the company's operational performance during the quarter. Financial Metric: Q3FY26 Q3FY25 Change Net Profit/(Loss): ₹1.22 lakhs ₹(183.15) lakhs Positive turnaround Revenue from Operations: ₹1,337.08 lakhs ₹376.70 lakhs +254.97% Total Income: ₹1,338.07 lakhs ₹376.70 lakhs +255.23% Total Expenses: ₹1,425.93 lakhs ₹938.58 lakhs +51.93% Revenue Streams Drive Growth The company's revenue performance was particularly strong across multiple segments. Interest income, the primary revenue driver, surged to ₹745.52 lakhs in Q3FY26 from ₹317.11 lakhs in Q3FY25, representing a substantial increase of 135.11%. Fees and commission income also demonstrated robust growth, rising to ₹92.70 lakhs from ₹33.50 lakhs year-on-year. Net gain on fair value changes contributed significantly to revenue growth, reaching ₹457.54 lakhs in Q3FY26 compared to ₹20.87 lakhs in the corresponding quarter of the previous year. Sale of services revenue increased substantially to ₹41.32 lakhs from ₹5.22 lakhs in Q3FY25. Nine-Month Performance and Capital Initiatives For the nine-month period ended December 31, 2025, the company reported a net loss of ₹645.84 lakhs, which, while still negative, showed improvement compared to the ₹1,162.94 lakhs loss in the corresponding period of FY25. Revenue from operations for the nine-month period reached ₹3,065.19 lakhs, significantly higher than ₹847.09 lakhs in the previous year. Nine-Month Metrics: FY26 (9M) FY25 (9M) Change Net Loss: ₹(645.84) lakhs ₹(1,162.94) lakhs 44.46% improvement Revenue from Operations: ₹3,065.19 lakhs ₹847.09 lakhs +261.94% Interest Income: ₹1,957.99 lakhs ₹721.41 lakhs +171.41% The company undertook significant capital raising activities during the period. It increased its authorized share capital from ₹60 crores to ₹70 crores following shareholder approval on November 27, 2025. Additionally, the company issued 1,00,00,000 equity share warrants at ₹39 per warrant, receiving ₹9.75 crores as the initial 25% payment on December 12, 2025. Asset Quality and Business Operations As of December 31, 2025, the company maintained total assets under management of ₹195.96 lakhs. The loan portfolio classification showed ₹191.64 lakhs as substandard assets and ₹15.20 lakhs as doubtful assets up to one year, both net of provisions. The gross NPA ratio stood at 1.28% of assets under management, while net NPA ratio was 1.06%. During Q3FY26, the company transferred loans worth ₹21.54 lakhs under RBI's securitization guidelines. Of the total loan portfolio of ₹142.29 lakhs, approximately ₹52.38 lakhs are managed through co-lending and servicing arrangements with various partners. Financial Position and Outlook The company's paid-up equity share capital increased to ₹5,442.42 lakhs from ₹4,481.99 lakhs in the previous year, reflecting the capital expansion initiatives. Net worth stood at ₹11,828.05 lakhs with a debt-equity ratio of 0.80x as of December 31, 2025. Earnings per share for Q3FY26 was ₹0.01, a significant improvement from the negative ₹0.42 in Q3FY25. For the nine-month period, EPS remained negative at ₹1.18, though better than the ₹3.17 loss per share in the corresponding period last year. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.