Please find enclosed the voting results and the Scrutinizers Report for Postal Ballot approved by the Shareholders of the Company.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Purple Finance Limited conducted a Postal Ballot via e-voting from October 29, 2025 to November 27, 2025, with the cut-off date of October 24, 2025 (3,409 eligible shareholders). Two resolutions were passed unanimously with 100% votes in favour and zero against: (1) An Ordinary Resolution to increase the Authorised Share Capital and amend the Capital Clause of the Memorandum of Association, with 18,899,922 votes polled (34.73% of total shares); and (2) a Special Resolution for Issuance of Convertible Warrants on a Preferential Basis, with 16,426,229 votes polled (30.18% of total shares). For Resolution 2, Intellect Stock Broking Limited was identified as an interested party and its 2,473,693 votes were treated as invalid. Scrutinizer CS Abhilasha Chaudhary confirmed both resolutions passed with the requisite majority on November 28, 2025.
Shareholders have greenlit a hike in authorised capital and a preferential allotment of convertible warrants, signalling upcoming fundraising activity. Existing shareholders should watch for potential equity dilution once the warrants are converted.