Please find enclosed Scrutinizers Report along with Voting Results for the postal ballot approved by the Shareholders of the Company.
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Awaiting price reaction for this filing.
Purple Finance Limited concluded a postal ballot on October 25, 2025, with one ordinary resolution put to shareholders' vote through remote e-voting. The resolution sought approval for reclassifying certain shareholders from the 'Promoter Group' category to the 'Public' category. Out of 3,376 eligible shareholders as of the record date (September 19, 2025), 52 members cast votes totaling 16,108,787 shares (about 29.60% of outstanding shares). The resolution was passed unanimously with 100% votes in favor and zero votes against. The promoter group, which was interested in the resolution, voted 16,092,911 shares (68.54% of their holding) in favor, while public non-institutions cast 15,876 shares in favor. The scrutinizer, CS Abhilasha Chaudhary, certified the e-voting process as fair and transparent.
This reclassification moves certain shareholders out of the 'Promoter Group' category into the 'Public' category, which reduces the classified promoter group shareholding of the company. For retail investors, this signals a formal reduction in promoter-group control, potentially improving public float and trading liquidity, but it also means these reclassified shareholders are no longer bound by promoter-related SEBI obligations.