Key Decisions and Approvals

The Board of Directors considered and approved the following matters:

1. Unaudited Standalone Financial Results: Approved the unaudited standalone financial results for Q2 and half-year ended September 30, 2026, along with limited review report from statutory auditors M/s. H S K & Co LLP, Chartered Accountants (FRN: 117014W/W100685).

2. Object Clause Amendment: Approved alteration of the main object clause of the company to include jewellery business activities, subject to shareholder approval via postal ballot. Details provided in Annexure-I.

3. Name Change: Approved change of company name from "PURPLE AGROTECH INDUSTRIES LIMITED" to "AURIGEM INDUSTRIES LIMITED" with consequent alterations to Memorandum and Articles of Association, subject to shareholder approval.

4. Postal Ballot Arrangements:

  • Approved conducting postal ballot through remote e-voting
  • Approved cut-off date of October 30, 2026 for sending notices
  • Appointed Purva Sharegistry (India) Private Limited as e-voting agency
  • Set voting period from November 10, 2026 (9:00 AM IST) to December 9, 2026 (5:00 PM IST)
  • Appointed Ms. Pooja Gwalani, Practising Company Secretary (CP No: 13876, Membership No: A29004) as scrutinizer

Financial Results Highlights (Unaudited Standalone)

Quarter Ended September 30, 2026 (₹ in lakhs):

  • Total Income: ₹25.16
  • Profit Before Tax: ₹15.09
  • Tax Expense: ₹3.83
  • Profit for Period: ₹11.26
  • EPS: ₹0.14 (Basic and Diluted)

Half-Year Ended September 30, 2026 (₹ in lakhs):

  • Total Income: ₹171.30
  • Profit Before Tax: ₹19.15
  • Tax Expense: ₹4.87
  • Profit for Period: ₹14.28
  • EPS: ₹0.17 (Basic and Diluted)

Comparative Figures (₹ in lakhs):

  • Q2 FY26 Profit: ₹12.35
  • H1 FY26 Profit: ₹22.25
  • FY26 Annual Profit: ₹16.45

Balance Sheet Position (as at September 30, 2026)

  • Total Assets: ₹1,220.22 lakhs (vs ₹2,109.30 lakhs as at March 31, 2026)
  • Shareholders' Funds: ₹1,042.12 lakhs
  • Current Assets: ₹1,218.57 lakhs (including inventories ₹47.79 lakhs, trade receivables ₹508.79 lakhs)
  • Cash and Cash Equivalents: ₹65.18 lakhs (vs ₹589.73 lakhs as at March 31, 2026)

SEBI Regulatory Matter

Note 4 discloses receipt of SEBI Final Order dated June 30, 2026 directing:

  • Restraint from accessing securities market for 4 years
  • Prohibition from buying/selling/dealing in securities for 4 years
  • Monetary penalty of ₹50 lakh imposed on the company

Subsequent SAT order dated September 11, 2026 stayed the SEBI order subject to full deposit of penalty amount. Company deposited ₹50 lakh penalty on October 7, 2026. Final outcome pending legal proceedings.

Meeting Details

Board meeting commenced at 3:40 PM and concluded at 4:40 PM on November 5, 2026.

Additional Information

  • Company operates in a single segment
  • Financial results prepared in accordance with Ind AS
  • Figures for previous periods regrouped for comparability
  • Digital signature by Naishadh Dineshbhai Modi, Chairman cum Managing Director & CFO (DIN: 06538916)