Pursuant to Regulation 30 of the SEBI LODR Regulations, please find enclosed the announcement pertaining to Change in Management of the Company.
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Ms. Mrinalini Sahai, who served as Head - Legal & Compliance and was designated as Senior Management Personnel (SMP) of Purple Finance Limited, has resigned citing personal reasons due to relocation. She submitted her resignation on 21st April 2025 and her last working day will be the close of business on 15th June 2025. She has also requested a waiver of the notice period. The company has clarified that there is no other material reason behind the departure.
The exit is attributed to personal reasons with a nearly two-month transition window, reducing immediate operational disruption. Shareholders may want to watch for a timely replacement of the Legal & Compliance head, as this role is important for regulatory adherence, though no direct impact on financials or stock price is indicated.