AGM Details
- Date: Friday, September 25, 2026
- Time: 12.30 P.M. (IST)
- Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM)
- Cut-off date for voting rights: Friday, September 18, 2026
- Share transfer book closure: Saturday, September 19, 2026 to Friday, September 25, 2026 (both days inclusive)
Agenda Items
Ordinary Business
1. Receipt and adoption of financial statements: To receive, consider and adopt the Audited Financial Statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors.
2. Re-appointment of director: To re-appoint Mr. Chirag Kirtikumar Shah (DIN: 08111288) as Director retiring by rotation.
Special Business
3. Regularization of additional director: To regularize the appointment of Mr. Pradip Sudhakarbhai Birewar (DIN: 10672246) as Non-Executive, Non-Independent Director (appointed effective November 4, 2025). Ordinary resolution required.
4. Regularization of independent director: To appoint Mrs. Lata Gaurav Kimtani (DIN: 11754072) as Non-Executive-Independent Director for a term of 5 years from June 3, 2026 to June 2, 2031. Special resolution required.
5. Regularization of independent director: To appoint Mr. Manthan Gumansinh Thakor (DIN: 11356766) as Non-Executive-Independent Director for a term of 5 years from November 4, 2025 to November 3, 2030. Special resolution required.
6. Appointment of Managing Director & CFO: To appoint Mr. Naishadh Dineshbhai Modi (DIN: 06538916) as Managing Director & CFO with effect from November 14, 2025 for a period of 5 years. Special resolution required.
- Remuneration: Up to ₹12,00,000 (Rupees Twelve Lakh) per annum
- Additional benefits: Entitled to reimbursement of actual expenses incurred for entertainment, travelling, boarding, lodging, and other business-related expenditures
- Remuneration conditions: Total remuneration shall not exceed 5% of net profits for individual MD/WTD or 10% for all MD/WTDs collectively; in case of no/inadequate profits, remuneration shall be within limits specified under Schedule V of Companies Act, 2013
- Board authority: Board authorized to alter or vary remuneration terms within Schedule V limits
7. Ratification of auditor certificate: To ratify the revised certificate dated January 7, 2026 issued by M/s Kamlesh Bhojani & Associates, Chartered Accountants, certifying compliance with Regulation 45(1) of SEBI LODR Regulations for change of company name. Special resolution required.
Financial Context
- Net worth: ₹1027.85 lakhs (2025-26) vs ₹1011.40 lakhs (2024-25)
- Profit after tax: ₹16.45 lakhs (2025-26) vs ₹30.80 lakhs (2024-25)
- Business transition: Company has transitioned from entertainment business to wholesale trading business including agricultural and food products, energy drinks and other beverages, processed agricultural produce
- Assets allocation: 70.31% invested in new business assets, 29.69% in old business assets as of November 26, 2025
Voting Arrangements
- Remote e-voting period: September 22, 2026 (9:00 AM) to September 24, 2026 (5:00 PM)
- E-voting service provider: Purva Sharegistry (India) Private Limited
- Scrutinizer: Ms. Pooja Gwalani, Practising Company Secretary (CP No: 13876, Membership No: A29004)
- Result declaration: Within 48 hours of conclusion of AGM
Additional Information
- Company Secretary & Compliance Officer: Ms. Seema Gupta
- RTA: Purva Sharegistry (India) Pvt. Ltd., Unit no. 9 Shiv Shakti Ind. Estt. J.R. Boricha Marg, Lower Parel (E) Mumbai 400 011
- Notice availability: Available on company website https://purpleagrotech.com/notice/
Director Profiles
Detailed profiles of directors seeking appointment/re-appointment are provided in Annexure-A, including qualifications, experience, other directorships, meeting attendance, and proposed remuneration.