Purple Finance 32nd AGM: 9 resolutions passed including NCD issuance and CEO pay hike
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Purple Finance held its 32nd AGM on June 26, 2026 via video conferencing with 55 members attending. Nine resolutions passed: adoption of FY26 audited financials, re-appointment of Minal Chaturvedi, remuneration approvals for Chairman Amitabh Chaturvedi and CEO Sabyasachi Rath, appointment of Sriram Kalyanaraman as Independent Director, re-appointment of Sumeet Sandhu, expanded borrowing powers under Section 180(1)(c), charge creation on company assets, and private placement of Non-Convertible Debentures. No qualifications in statutory auditor report. Voting results due within 2 working days.
Approval to raise funds via private NCD placement and higher executive pay are key. Watch voting outcomes for shareholder sentiment on borrowing and remuneration.