Purple United Sales Approves ₹48.28 Crore Preferential Equity And Warrant Issue

The Board proposed raising up to ₹48.3Cr through 8.10 lakh equity shares and 5.31 lakh warrants, priced at ₹360 each, subject to shareholder approval. Fully diluted shares would increase from 96.1 lakh to 109.5 lakh, reducing promoter ownership from 63.82% to 57.53%. Context: substantial equity-linked funding amid debt-funded expansion.