Purple Wave Infocom Utilizes IPO Funds for Alternate Office

Purple Wave Infocom discloses utilization of IPO proceeds for an alternate office property after the initially identified property sale fell through.
The Board authorized an official in December 2025 to find a new property, leading to the acquisition of a space in Gurugram.
The company clarifies the overall object, purpose, and allocated amount for the IPO proceeds remain unchanged from the prospectus.
This is a regulatory filing made pursuant to SEBI LODR Regulation 30 to update on the implementation of an IPO object.