Purple Wave Infocom Ltd

IR appointment and contact

• Purple Wave Infocom appointed Finportal Investments Private Limited as IR agency effective 12 October 2026.
• Dedicated investor queries email ir@purplewave.in has been designated for all IR communications.
• Regulatory compliance under Regulation 30 LODR observed; disclosure will be updated on the company's website.

Purple Wave Infocom Ltd – Trading Window closure

AGM Details

• AGM held on 25 September 2026 at 12:00 IST via VC/OAVM.
• Entitlement cut-off date for voting: 18 September 2026.
• Remote e-voting window: 21-24 September 2026.

Key Resolutions

• Item 1 (Ordinary): Adopt standalone financial statements for FY 2025-26.
• Item 2 (Ordinary): Adopt audited consolidated financial statements for FY 2025-26.
• Item 3 (Ordinary): Re-appoint Ms. Anan for rotation.
• Item 4 (Special): Approve material related party transactions with Purplewave India Private Limited up to ₹15 crore.
• Item 5 (Special): Approve material related party transactions with Nano Theatre Private Limited up to ₹15 crore.

Voting Results

• Item 1: Passed as per scrutinizer's report.
• Item 2: Passed as per scrutinizer's report.
• Item 3: Passed; director re-appointment approved.
• Item 4: Approved related party transactions up to ₹15 crore.
• Item 5: Approved related party transactions up to ₹15 crore.

Director Changes

• Ms. Anan re-appointed for another term.

Material Related Party Transactions

• RPTs approved with Purplewave India Private Limited up to ₹15 crore.
• RPTs approved with Nano Theatre Private Limited up to ₹15 crore.

• AGM details, resolutions, and voting outcomes are not included in this chunk.

Work Order

• Work order awarded for SAIPUR LED & Display at CRC Flagship, Noida, valued at ₹5,09,52,417 (GST exclusive).
• Scope includes SAIPUR Outdoor Active LED, AV Room Active LED, Displays, Media Wall and AV Room Audio System.
• Completion period is 180 days from the Work Order date.
• Revenue recognition will occur upon execution of the Work Order under the agreed terms.

Financial highlights

• Revenue from operations: ₹14,610.39 Lakh; up 14.4% YoY.
• Profit after tax: ₹1,342.70 Lakh; up 48.2% YoY.
• EBITDA: ₹1,975.28 Lakh; EBITDA margin 13.5%.
• Basic/Diluted EPS: ₹14.52.
• Dividend: no dividend proposed for FY2026.

IPO & capital structure

• Gross IPO proceeds: ₹31.45 Cr; listing on BSE SME 5-Dec-2025.
• IPO expenses: ₹4.40 Cr; net proceeds ~₹27 Cr.
• Post-IPO equity: 92.46 Lakh shares; paid-up ₹9.246 Cr; authorized ₹10 Cr.
• Net worth post-IPO: ₹57.58 Cr; 100% dematerialised; ISIN INE0VDK01019.

Operations & strategy

• Manufacturing facility at Manesar commissioned; supports Make in India.
• Streampurple SaaS platform for cloud-based content management.
• Nano Theatre Private Limited established 30-Mar-2026; 100% subsidiary; no FY26 ops.
• FY26 consolidation aligns with standalone results; minimal divergence.

Governance & leadership

• Shaurya J. Somani resigned as CEO w.e.f 24-Mar-2026.
• Ananya Singh serves as Executive Director; attended 12 of 17 board meetings in FY26.
• Board comprises three independent directors; Audit, Stakeholders' Relationship, Nomination & Remuneration, CSR committees.
• Company adheres to governance norms post-listing; related-party approvals via AGM.

Related-party transactions

• Material RPTs up to ₹15 Cr with Purplewave India Private Limited for FY2026-27; subject to shareholder approval.
• Material RPTs up to ₹15 Cr with Nano Theatre Private Limited for FY2026-27.
• Directors' remuneration from related parties shown; Manoj 64.53 L; Sandhya 35.53 L; Ananya 16.00 L.

CSR & ESG

• CSR expenditure: ₹15.0 Lakh; average net profit ₹20.324 Cr; 2% threshold ₹13.55 Lakh.
• CSR obligation: ₹13.55 Lakh; total CSR spend ₹15.00 Lakh; no admin overhead.
• CSR activities disclosed in Annexure 6; unspent CSR funds none.

Audit, controls & risk

• GST DGGI demand: ₹838.64 Lakh; management contends it is not sustainable; no provision.
• Secretarial audit: no material qualifications; SDD certificate noted as exception.
• Internal controls: adequate; independent internal audit; no fraud reported.
• Statutory audit: both standalone and consolidated audited by Andros & Co; Emphasis on GST matter.

Outlook & risks

• Industry outlook: India’s Pro-AV market expected to sustain growth alongside digital infra expansion.
• Government initiatives (Digital India, Smart Cities, Make in India) drive demand.
• Risks: GST/regulatory matters, price competition, currency and macro volatility; execution risk remains.

AGM Details

• Date and time: 25 September 2026 at 12:00 IST.
• Mode: VC/OAVM; attendance limited to 1000 members on first-come basis.
• Remote e-voting window: 21 September 2026 09:00 to 24 September 2026 17:00.
• Cut-off date for voting eligibility: 18 September 2026.

Key Resolutions

• Adoption of audited standalone financial statements for FY2025-26.
• Adoption of audited consolidated financial statements for FY2025-26.
• Re-appointment of Ms. Ananya Singh, retiring by rotation.
• Approval of related party transactions with Purplewave India Private Limited up to Rs 15 crore for FY2026-27.
• Approval of related party transactions with Nano Theatre Private Limited up to Rs 15 crore for FY2026-27.

E-voting & Attendance

• Scrutinizer appointed to conduct the voting process.
• Results to be declared within 2 working days of the AGM.
• Results and Scrutinizer's report to be posted on company and CDSL websites.
• Notice and outcome to be submitted to Stock Exchanges.
• Attendance via VC/OAVM allowed; those voting remotely may attend but not vote again.

Overview

• Purple Wave Infocom Ltd signed a five-year DSaaS agreement with Vexto Commercials Pvt. Ltd.
• Deployment and management of integrated digital display and tech solution at Neo Square, Gurugram.

Key terms

• Monthly service charges of 7.50 Lakh INR inclusive of GST.
• Tenure: five years; Annual escalation: 10% per year.

Scope

• Supply, installation, commissioning, operation and maintenance of integrated technology infrastructure.
• Includes indoor/outdoor/lift-lobby LED displays, hygiene air systems, digital vending kiosk, CMS.
• Technical support, preventive and corrective maintenance, content management, and remote monitoring.

Strategic significance

• Strengthens recurring-service and service-as-a-service business model in Pro AV.
• Creates long-term recurring revenue opportunity.

Management commentary

• Commentary by MD highlights strengthening service-led model and recurring revenue.

HYGI AIR pilot deployment update

• Completed HYGI AIR pilot across 100 retail outlets with devices connected to centralized monitoring.
• Pilot demonstrated connectivity, centralized monitoring, alerts, analytics, and device-health visibility.
• Post-pilot, evaluating commercial deployment across fuel-retail and other high-footfall facilities, subject to negotiations.
• No confirmed orders, binding contracts, or guaranteed revenue; deployments depend on approvals, timelines, regulatory requirements.
• HYGI AIR extends Purple Wave's connected sensing, cloud monitoring, analytics, and managed services portfolio.
• Company will disclose further updates as required under SEBI LODR regulations.