BSE · Corporate Action · Medium

BSE opens takeover window for Purple Finance at Rs. 55/share

Allied Commodities and Sandeep Jindal, with four PACs, offer to buy up to 1,76,48,152 shares (26% of emerging voting capital) at Rs. 55.00 per share. Offer window: July 1-14, 2026.

29 Jun 2026 Effective July 1, 2026 Affects: Public shareholders of Purple Finance Limited.

What changed

Open offer for Purple Finance opens July 1, 2026 at Rs. 55.00 per share.
Acquirers target 26% of emerging voting capital (1,76,48,152 shares).
Shareholders can tender shares via BSE Acquisition Window.

The read

BSE has notified an open offer for Purple Finance under the Takeover Code. Allied Commodities Private Limited and Sandeep Jindal, along with four PACs, are offering ₹55.00 per share for up to 1,76,48,152 shares, representing 26% of the emerging voting capital. The offer opens July 1 and closes July 14, 2026. Shareholders should evaluate whether to tender at the offer price.

Purple Finance LimitedAllied Commodities Private LimitedSandeep Jindal

Primary source: official circular (PDF)