Purple Finance Ltd

- Redeemed 150 unsecured, non-convertible debentures (NCDs) on Jan 19, 2026. - Each NCD has face value of Rs. 1,00,000. - Total redemption value Rs. 1.5 crore plus applicable interest. - NCDs were issued on July 19, 2024, to a private investor.

📌 Understanding Non-Convertible Debentures (NCDs)

• NCDs are debt instruments companies issue to raise money.
• 'Non-convertible' means these debentures cannot be converted into company shares.
• 'Unsecured' means they are not backed by any collateral.

📌 What Happened?

• The company redeemed (paid back) 150 NCDs on January 19, 2026.
• Each debenture has a face value of Rs. 1,00,000.
• Total amount paid back was Rs. 1.5 crore plus applicable interest.
• These were part of 500 NCDs issued on July 19, 2024.
• The NCDs were allotted to M/s M.K. Investment Consultancy Private Limited at par, meaning at their face value.

📌 Why is this Important?

• Redemption means the company fulfilled its obligation to pay back borrowed funds.
• It indicates the company’s ability to repay debts on time.
• This is part of regular debt management and financial planning.

📌 Investor Perspective

• Investors can see this as a sign that the company is managing its borrowings responsibly.
• Since NCDs are a form of loan, timely redemption may positively reflect on creditworthiness.
• However, this is a routine financial activity linked to debt repayment schedule.

Overall, this update informs investors about the repayment of a portion of company debt through NCD redemption as per schedule.