Purple Finance Limited

Meeting Details

The 32nd Annual General Meeting was held on Friday, June 26, 2026 at 03:00 PM through Video Conferencing/Other Audio Visual Means on Zoom Platform provided by Purva Sharegistry (India) Private Limited. The meeting was conducted in compliance with Companies Act, 2013, SEBI LODR Regulations, and relevant MCA and SEBI circulars. The deemed venue was the Corporate Office at 705/706, 7th Floor, Hallmark Business Plaza, Sant Dnyaneshwar Marg, Opp. Guru Nanak Hospital, Bandra (E), Mumbai-400051.

Attendance

55 members were present at the meeting. Mr. Amitabh Chaturvedi, Executive Chairman, chaired the meeting.

Directors and Key Personnel Present

  • Mr. Amitabh Chaturvedi - Executive Chairman
  • Mr. Sabyasachi Rath - Executive Director and Chief Executive Officer
  • Mrs. Minal Chaturvedi - Non-Executive Non-Independent Director
  • Mr. Sandeep Jindal - 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
  • Ms. Meghana Lale - Chief Financial Officer

Also present were CA Jogin Raval (Jogin Raval & Associates, Statutory Auditors), CS Abhilasha Chaudhary (Abhilasha Chaudhary & Associates, Secretarial Auditors), and the Scrutinizer for remote e-voting/e-voting process.

Voting Process

Remote e-voting was available from 9:00 AM IST on June 22, 2026 to 5:00 PM IST on June 25, 2026 for members holding shares as of June 19, 2026. E-voting facility was also available during the AGM for members who hadn't voted remotely. Abhilasha Chaudhary & Associates were appointed as Scrutinizer.

Business Transacted

Ordinary Business:

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

2. Re-appointment of Mrs. Minal Amitabh Chaturvedi (DIN: 05315800) who retires by rotation (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 CEO (Special Resolution)

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

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

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

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

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

Additional Information

The Chairman addressed shareholders about company performance during FY 2025-26 and future outlook. Notice and Annual Report were sent via email to registered members and physical copies to those who requested. There were no qualifications, observations or adverse remarks in the Statutory Auditors Report. Observations made by Secretarial Auditor were duly noted.

Members registered as Speaker Shareholders were given opportunity to ask questions, with the Chairman providing responses.

Meeting Conclusion

The AGM concluded at 03:22 PM (duration: 22 minutes). Voting results will be published on company website and stock exchange websites within two working days of AGM conclusion.

Compliance Notes

The company confirmed no adjournment, postponement or change in venue of AGM. All applicable provisions of MCA Circulars, SEBI Circulars, Companies Act 2013, and secretarial standards were complied with for calling, convening and conducting the AGM.