Meeting Details

The 32nd Annual General Meeting of Purple Finance Limited was held on Friday, June 26, 2026, at 03:00 p.m. through Video Conferencing (VC)/Other Audio Visual Means (OAVM) without physical presence of members. The meeting was conducted using the Zoom Platform provided by Purva Sharegistry (India) Private Limited. The deemed venue was the Corporate Office of the Company at 705/706, 7th Floor, Hallmark Business Plaza, Sant Dnyaneshwar Marg, Opp. Guru Nanak Hospital, Bandra (E), Mumbai-400051.

Attendance

  • Total Members Present: 55
  • Physical attendance was dispensed with as per MCA Circulars, and facility for appointment of proxies was not made available.

Key Personnel Present

Directors:

  • Mr. Amitabh Chaturvedi (Executive Chairman)
  • Mr. Sabyasachi Rath (Executive Director and Chief Executive Officer)
  • Mrs. Minal Chaturvedi (Non-Executive Non-Independent Director)
  • Mr. Ajay Kumar Pandey (Non-Executive Independent Director)
  • Ms. Sumeet Sandhu (Non-Executive Independent Director)
  • Mr. Rajan Chandrakant Bhat (Non-Executive Independent Director)
  • Mr. Amit Sonawala (Non-Executive Independent Director)

Other Officials:

  • Ms. Meghana Lale (Chief Financial Officer)
  • CA Jogin Raval (Jogin Raval & Associates, Statutory Auditors)
  • CS Abhilasha Chaudhary (Abhilasha Chaudhary & Associates, Secretarial Auditors)
  • Scrutinizer for remote e-voting/e-voting process
  • Chairmen of Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee were present.

Voting Process

  • Remote e-voting was available to members holding shares as of the cut-off date Friday, June 19, 2026.
  • Voting period: From 9:00 a.m. IST on Monday, June 22, 2026, to 5:00 p.m. IST on Thursday, June 25, 2026.
  • Members joining the AGM through VC who had not voted remotely could vote through e-voting during the AGM.
  • Abhilasha Chaudhary & Associates, Practicing Company Secretaries, were appointed as the Scrutinizer.
  • The consolidated results of remote e-voting and e-voting at the AGM along with the Scrutinizer's Report will be published on the Company's website and uploaded on stock exchange websites within two working days of the AGM conclusion.

Business Transacted

The following resolutions were voted upon at the AGM:

Ordinary Business:

1. Adoption of audited Financial Statements and Reports for the Financial Year ended March 31, 2026 (Ordinary Resolution)

2. Appointment of a Director in place of Mrs. Minal Amitabh Chaturvedi (DIN: 05315800), who retires by rotation and offered herself for re-appointment (Ordinary Resolution)

Special Business:

3. Approval for remuneration of Mr. Amitabh Chaturvedi, Executive Chairman and Executive Director (Special Resolution)

4. Approval for increase in remuneration of Mr. Sabyasachi Rath, Executive Director and Chief Executive Officer (Special Resolution)

5. Appointment of Mr. Sriram Kalyanaraman (DIN: 09773647) as an Independent Director (Special Resolution)

6. Re-appointment of Ms. Sumeet Sandhu (DIN: 10119062) as an Independent Director (Special Resolution)

7. Approval of Borrowing Powers of the Company under Section 180(1)(c) of the Companies Act, 2013 (Special Resolution)

8. Approval of creation of charge on the properties of Company under Section 180(1)(a) of the Companies Act, 2013 (Special Resolution)

9. Approval for issuance of Non-Convertible Debentures under private placement basis (Special Resolution)

Other Proceedings

  • The Chairman addressed shareholders about the company's performance during FY 2025-26 and future outlook.
  • The Notice and Annual Report for FY 2025-26 were sent by email to members with registered email addresses; physical copies were sent to those who requested.
  • The observations made by the Secretarial Auditor in its report were duly noted by shareholders.
  • There were no qualifications, observations, or adverse remarks in the Statutory Auditors' Report.
  • Members registered as Speaker Shareholders were given opportunity to ask questions, with the Chairman providing responses.
  • The e-voting facility remained open for 15 minutes after the meeting conclusion for members who hadn't voted earlier.

Meeting Conclusion

The AGM concluded at 03:22 p.m. on June 26, 2026.

Additional Notes from Disclosure

  • This document represents a gist of proceedings and does not constitute the official minutes of the AGM.
  • There was no adjournment, postponement, or change in venue of the AGM.
  • The Company confirmed compliance with all applicable provisions of the Companies Act, 2013, MCA Circulars, SEBI Circulars, and secretarial standards.