Purple Style Labs Ltd

Purple Style Labs Ltd has announced that its Board of Directors will convene on November 2, 2026, to approve the unaudited standalone and consolidated financial results for the quarter and half-year ending September 30, 2026. Concurrently, the company has confirmed the closure of its trading window from September 7, 2026, until 48 hours after the financial results are declared, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The financial results will also be available on the company's website.

Purple Style Labs Ltd announced that its Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The approval was granted during a board meeting held on September 24, 2026. The company has submitted these results in accordance with SEBI regulations and will also host them on its official website. The accompanying auditor's review report confirms that the statements comply with Indian Accounting Standard 34 and listing regulations, with no material misstatements identified.

Purple Style Labs Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results at a meeting held on September 24, 2026. The financial statements were prepared in accordance with Indian Accounting Standard 34 and comply with SEBI Listing Regulations. The results will be available on the company's website.

Purple Style Labs Ltd has announced a change in its Corporate Identification Number (CIN) from ‘U18204MH2015PLC267215 to ‘L18204MH2015PLC267215. This change is effective following the company's listing on the National Stock Exchange (NSE) and BSE Limited (BSE) on September 07, 2026. Concurrently, the company's status in the Ministry of Corporate Affairs (MCA) records has been updated from 'Unlisted' to 'Listed'. The company's registered address remains in Mumbai, Maharashtra, with an authorized capital of ₹1,08,25,00,000 and paid-up capital of ₹80,06,10,860. The company is actively compliant.

Purple Style Labs Ltd has announced that its Board of Directors will convene a meeting on Thursday, September 24, 2026. The primary agenda for this meeting is to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. In connection with this, the trading window for designated persons has been closed since September 7, 2026, and will remain closed until 48 hours after the declaration of these financial results, in compliance with SEBI Insider Trading Regulations.

Purple Style Labs Ltd's Board of Directors approved an investment of USD 7 million in its wholly-owned subsidiary, Purple Style Labs USA, Inc. The investment involves the acquisition of 7 million Class B Common Stock of PSL USA, with funding primarily sourced from the company's Initial Public Offer (IPO) proceeds. This capital injection is intended for PSL USA's general corporate purposes, as outlined in the IPO prospectus. The transaction is considered a related party transaction, conducted on an arm's length basis. Mr. Abhishek Agarwal, Promoter and Whole-time Director of Purple Style Labs, also holds key positions in PSL USA. The company will maintain its 100% shareholding in the US subsidiary post-investment. Regulatory approval from an authorized dealer bank for overseas direct investment is required, with completion expected within 30 days of approval.

Purple Style Labs Limited (PSL) announced its Board of Directors has approved an investment of ₹420 Crores in its wholly-owned subsidiary, PSL Retail Private Limited (PSLR). This acquisition of equity shares will be conducted through a rights issue and is part of the utilization of net proceeds from the company's Initial Public Offering (IPO). The funds will be used by PSLR for lease liabilities of its experience centers and back-end offices in India, as well as for general corporate purposes. The transaction is considered a related party transaction but is on an arm's length basis and aligns with the IPO's stated objectives. The acquisition is expected to be completed between September 19, 2026, and September 25, 2026.

Purple Style Labs Limited has adopted a Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) in compliance with SEBI's Prohibition of Insider Trading Regulations, 2015. This code, approved by the Board of Directors, aims to ensure timely and fair disclosure of UPSI to maintain transparency and prevent misuse. The code is now available on the company's investor relations website.

Purple Style Labs Ltd has disclosed the Key Managerial Personnel authorized to determine the materiality of events and make disclosures to stock exchanges under SEBI regulations. Ms. Gulshan Mumtaz Khan, Company Secretary and Compliance Officer, in consultation with Mr. Abhishek Agarwal, Whole-time Director and CEO, is authorized. In the absence of the Company Secretary, Mr. Umesh Pawan Choudhary, Chief Financial Officer, is authorized. The company has also updated its website with this information.