Please find enclosed intimation pertaining to change in Directorate of the Company.
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Purple Finance Ltd has appointed Mr. Sandeep Jindal as an Additional Director designated as a Non-Executive Non-Independent Director, effective November 17, 2025, via a circular resolution of the Board. The appointment follows recommendations of the Nomination & Remuneration Committee on August 14, 2025 and November 17, 2025, along with RBI confirmation received on November 13, 2025. Mr. Jindal is a Chartered Accountant with over 25 years of experience spanning NBFCs, securities, capital markets, corporate governance, risk management, and regulatory compliance. He is not related to any existing Director of the Company and is not debarred by SEBI. He will hold office until the next Annual General Meeting, and the Board remains compliant with the Companies Act and SEBI LODR requirements.
This is a routine board-level addition and is unlikely to materially affect the stock price. It brings experienced NBFC and capital markets expertise to the board, which may be viewed positively by investors focused on governance and regulatory oversight.