Purple Entertainment Ltd

AGM details

• Date/Time/Mode: 25 September 2026, 12:30 PM, VC/OAVM.
• Record date: 18 September 2026; end time 12:55 PM.
• Total resolutions: 7; all passed.
• Shareholders on record: 3,790; attendees via VC: 18.
• Scrutinizer: Pooja Gwalani; appointment date 29-08-2026; report dated 26-09-2026.

Resolutions and results

• Resolution 1 (Ordinary): Adoption of Audited financials; passed.
• Resolution 2 (Ordinary): Re-appointment by rotation of director; passed.
• Resolution 3 (Ordinary): Regularize additional Non-Executive/Non-Independent Director; passed.
• Resolution 4 (Special): Regularize additional Non-Executive-Independent Director; passed.
• Resolution 5 (Special): Regularize additional Non-Executive-Independent Director Manthan Thakor; passed.
• Resolution 6 (Special): Approve appointment of Naishadh Modi as MD and CFO; passed.
• Resolution 7 (Special): Ratify certificate from Kamlesh Bhojani & Associates; passed.

Regulatory advisory and name-change

• Advisory letter from BSE for non-compliance with Regulation 45(3) LODR.
• Date of receipt: 24/09/2026.
• Impact: no financial or operational impact reported.
• Name changed from Purple Entertainment Limited to Purple Agrotech Industries Limited.
• SEBI advised to inform the exchange upon ratification and disseminate the warning.
• Name-change application submitted on 11 November 2025; Annexures include Advisory letters.

AGM Details

• Held on 25 Sep 2026 at 12:30 PM via VC/OAVM.
• Chairman: Naishadh Dineshbhai Modi (Chairman, MD and CFO).
• Mode: VC/OAVM under MCA/SEBI guidelines.
• Meeting duration: 12:30 PM to 12:55 PM.

Resolutions Presented

• Ordinary: Adopt Audited Financial Statements for FY ended 31 March 2026.
• Ordinary: Re-appoint Chirag Shah as Director on rotation.
• Special: Regularize Pradip Birewar as Non-Executive, Non-Independent Director.
• Special: Regularize Lata Kimtani as Non-Executive, Independent Director.
• Special: Regularize Manthan Thakor as Non-Executive, Independent Director.
• Special: Ratify certificate from Kamlesh Bhojani & Associates, Auditors, per SEBI LODR.

Voting Status

• Results on e-voting will be declared within two working days.
• Resolutions to be deemed passed on receipt of requisite votes.

Directors / MD & CFO Changes

• Regularize Pradip Birewar as Non-Executive, Non-Independent Director.
• Regularize Lata Kimtani as Non-Executive, Independent Director.
• Regularize Manthan Thakor as Non-Executive, Independent Director.
• Appoint Naishadh Modi as Managing Director and CFO.

Auditors

• Ratify certificate from Kamlesh Bhojani & Associates, Auditors, per SEBI LODR.
• Statutory Auditor present: CA Sudhir Shah.

Transaction details

• Target Company: Purple Agrotech Industries Ltd.
• Acquirer: SANJEEV LUNKAD; not promoter group.
• PACS: Sneha Lunkad; Rushank Lunkad; Riddhi Lunkad; SnehjEEv Ventures Pvt. Ltd.; not promoter group.
• Transaction Type: Sale of 40,000 equity shares.
• Pre-Transaction Holding: 451,637 shares, 5.22%.
• Encumbrances pre: Nil.
• Post-Transaction Holding: 411,637 shares, 4.76%.
• Transaction Details: 40,000 shares sold (0.46%); Open Market.
• Date: 21 September 2026.
• Share Capital Before: Rs 86,45,960 (8,64,596 shares).
• Share Capital After: Rs 86,45,960 (same).
• Total Diluted Capital: NA.

Purple Agrotech Industries Limited — Trading window closes from 1st October, 2026 till 48 hours after the declaration of the unaudited Financial Results of the Company for the second quarter and half year ended 30th September, 2026

Financial highlights

• Revenue from operations: 1999.59 Lakhs in FY2025-26.
• Total income: 2101.10 Lakhs; PAT: 16.45 Lakhs.
• Profit before tax: 23.35 Lakhs; tax expense: 6.90 Lakhs.
• EPS (basic and diluted): Rs 0.19.
• Net worth: 1027.85 Lakhs; reserves: 163.25 Lakhs.
• Equity share capital: 864.60 Lakhs across 8,645,965 shares.
• Total borrowings: 896.25 Lakhs; net debt: 306.52 Lakhs; gearing 0.30x.
• Dividend: no dividend recommended for the year.
• Cash flow: operating cash flow -496.65; investing +1050.67; financing -22.29 Lakhs.
• Year-end cash balance: 589.73 Lakhs.

Transformation and operations

• Shifted from entertainment to wholesale agri-trading.
• New lines include agricultural commodities, energy drinks, processed produce.
• AGM approved transformation to wholesale trading; MCA approval on 4 Nov 2025.
• Name changed to Purple Agrotech Industries Limited.
• Single segment reporting; no separate segment data.

Capital structure and liquidity

• Authorized capital: 1025.00 Lakhs; paid-up capital: 864.60 Lakhs.
• Equity shares: 8,645,965; face value Rs 10 each.
• Net worth: 1027.85; reserves: 163.25.
• Total borrowings: non-current 697.38; current 198.87.
• Net debt: 306.52; net gearing: 0.30.
• Cash & bank balances: 589.73; bank deposits: 312.99.
• Promoter holding: Dealmoney Commodities Pvt Ltd holds 761,814 shares.

Governance and leadership

• MD & CFO: Naishadh D. Modi.
• Chirag Kirtikumar Shah moved to Executive Director from MD in Nov 2025.
• Independent Directors: Lata Gaurav Kimtani and Manthan Gumansinh Thakor.
• Nomination & Remuneration Committee reconstituted from 15 Nov 2025.
• Audit Committee reconstituted from 15 Nov 2025; five meetings held.
• Company Secretary Seema Gupta appointed 3 Feb 2026.

Audit, risk and controls

• Independent Auditor's Report: unmodified; no material misstatement evident.
• Secretarial audit MR-3 flagged lack of internal auditor; CFO appointment delayed.
• UPS I entries were delayed; corrected from 9 Feb 2026 onward.
• SEBI order: ₹50 lakh penalty; four-year restraint; appeal filed with SAT.
• Board approved name-change certificate ratification (Annexure-B).
• Five Audit Committee meetings; six N&RC meetings during FY2025-26.

Risks and outlook

• Risks: climate variability, price volatility, regulatory changes, working capital intensity.
• Outlook: growing domestic agri demand; export opportunities; diversification planned.
• Strategic focus: expand customer base, strengthen procurement, improve margins and cash flow.

Regulatory and legal matters

• Name change approved by AGM; MCA clearance received.
• Certificate per Regulation 45(3) ratified; revised certificate issued Jan 7, 2026.
• SEBI penalty order; four-year restraint; appeal to SAT.

Related party disclosures

• RPT policy in place; quarterly Audit Committee review; no material RPT disclosed.
• Kanungo Financiers Limited: interest 11.96; borrowings 164.30; repayments 601.55.
• Salaries to KMP: Naishadh 0.80; Chirag 2.40; Anjali 1.05; Seema 1.20.
• Balances: loans to others 597.03; Kanungo-related balances recorded.

AGM date and e-voting details

• 52nd AGM scheduled for 25 Sep 2026 at 12:30 PM IST via VC/OAVM.
• Book closure from 19 Sep 2026 to 25 Sep 2026 (inclusive).
• Record date for e-voting eligibility is 19 Sep 2026.
• Remote e-voting window opens 22 Sep 2026 at 09:00 IST and closes 24 Sep 2026 at 17:00 IST.
• Cut-off/Record date for e-Voting: 18 Sep 2026.

AGM details

• AGM scheduled for 25 September 2026 at 12:30 PM IST via VC/OAVM.
• Venue deemed to be the Registered Office; no physical venue.
• Books/record closure from 19 to 25 September 2026 (inclusive).
• Notice and Annual Report available on the company website.
• Remote e-voting window from 22 to 24 September 2026.
• Record date for voting: 18 September 2026.

Resolutions proposed

• Res 1 (Ordinary): Adopt Audited Financial Statements and reports for year ended 31 March 2026.
• Res 2 (Ordinary): Re-appoint Chirag Shah as Director, retiring by rotation.
• Res 3 (Ordinary): Regularize Pradip Birewar as Non-Executive Non-Independent Director.
• Res 4 (Special): Regularize Lata Kimtani as Independent Director for five years.
• Res 5 (Special): Regularize Manthan Thakor as Independent Director for five years.
• Res 6 (Special): Appoint Naishadh Modi MD & CFO for five years; remuneration up to Rs 12 lakh.
• Res 7 (Special): Ratify certificate from Kamlesh Bhojani & Associates re name change.

Director / management changes

• Pradip Birewar appointed Additional Director on 4 Nov 2025; regularized.
• Lata Kimtani appointed Additional Non-Executive-Independent Director from 3 Jun 2026; 5-year term.
• Manthan Thakor appointed Additional Non-Executive-Independent Director from 4 Nov 2025; 5-year term.
• Naishadh Modi appointed MD & CFO with effect from 14 Nov 2025; five-year term.

Auditors / certificates

• Ratify certificate dated 7 January 2026 from Kamlesh Bhojani & Associates for name-change compliance.