Purple Finance544191New product launch
Board approves shift of registered office to Bandra East and launch of three new lending products
Board meeting on October 22, 2026 approved three things.
By ScoutQuest · · 2 min read
- New Lending Products
- PURPLE SARAL (unsecured lending), SAKSHAM LAP (secured lending), Loan to NBFC (secured lending)
- Product Launch Dates
- SAKSHAM LAP and Loan to NBFC on October 28, 2026; PURPLE SARAL on November 01, 2026
- Registered Office Change
- Shifting to Hallmark Business Plaza, Bandra East, effective October 23, 2026
Three separate items came out of the Board meeting held on October 22, 2026, which ran from 03:58 p.m. to 06:04 p.m.
Registered office moves
- The registered office shifts from Room No. 11, 1st Floor, Indu Chamber, 349/353, Samuel Street, Vadgadi, Masjid Bunder (West), Mumbai 400003 to 5/502, Hallmark Business Plaza, Sant Dnyaneshwar Marg, Opp. Gurunanak Hospital, Bandra East, Mumbai 400051.
- The change takes effect from October 23, 2026.
- The new address is the same premises already shown in the update as the company's corporate office in Bandra (E).
New lending products
- PURPLE SARAL: categorised as Unsecured Lending, for the domestic market, with a launch date of November 01, 2026.
- SAKSHAM LAP: categorised as Secured Lending, for the domestic market, with a launch date of October 28, 2026.
- Loan to NBFC: an institutional lending product aimed at providing financing solutions to Non-Banking Financial Companies in the MSME sector, categorised as Secured Lending, for the domestic market, with a launch date of October 28, 2026.
- The company states that the two MSME-focused products, alongside its existing lending under PURPLE, will enable it to cater to the full spectrum of the MSME sector.
Financial results
- The Board approved the unaudited standalone and consolidated financial results along with the Limited Review Report issued by Jogin Raval & Associates, Chartered Accountants, for the quarter and half year ended September 30, 2026.
- These were reviewed and recommended by the Audit Committee, and a Security Cover Certificate for the quarter ended September 30, 2026 was also approved.
How to read this
- The product launches widen the stated lending menu into unsecured MSME loans, secured loans against property, and lending to other NBFCs. The actual scale, pricing and volumes these products generate would show up in later disclosures.
- The registered office change is an administrative shift within Mumbai; the new address is the same Bandra East premises already listed as the corporate office.
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Source: BSE · 23 Oct 2026
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