Pursuant to Reg 44(3) of SEBI (LODR) Regulations, 2015, the voting results along with the Scrutinizer''s Report is attached
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Purple Wave Infocom Limited held its 1st Extra-Ordinary General Meeting on May 9, 2026 via video conferencing. Two special resolutions were passed: (1) Approval of the Purple Wave Infocom Employee Stock Option Plan 2026 (PWIL ESOP 2026), and (2) Extension of ESOP benefits to employees of subsidiary, associate, and holding companies in India or abroad. All resolutions received 100% shareholder approval with 6,657,991 votes in favour out of 6,657,991 votes polled (72% of total shares). Promoter group held 6,649,955 shares and voted unanimously in favour. Institutional investors did not participate in voting. The meeting lasted 51 minutes with 10 shareholders attending via video conference.
The approval of ESOP 2026 is positive for employee retention and aligns staff interests with shareholders. The company can now grant stock options to employees across the group structure. With 100% approval and no dissenting votes, there appears to be strong shareholder confidence, though retail participation in voting was very low.