Purple Finance Approves ₹8.74 Crore Loan Sale And ₹19.44 Crore Equity Allotment

Finance Committee approved Rs8.74Cr loan portfolio sale via direct assignment (90:10, Purple as servicer); allotted 55L shares at Rs39 to promoter Intellect and 27L shares at Rs72 to Manisha Agarwal. Follow-on direct-assignment approval at larger scale shows monetisation push; warrant conversion completes first series and cash allotment extends recurring dilution-heavy raises. Paid-up rises to 6.71Cr shares, lifting dilution and funding runway; assignment income timing, executed amount and Saksham share-swap leg remain undisclosed.