Purple Wave Infocom Ltd

Purple Wave Infocom Limited has issued a corrigendum to its Annual Report due to an inadvertent clerical error. The error occurred in the section pertaining to the Secretarial Auditor, where 'Chartered Accountants' was mistakenly used instead of the correct designation 'Company Secretaries' or 'Practising Company Secretaries'. The company emphasizes that this correction is purely clerical and does not impact the appointment of the auditor, the audit report, financial statements, or any other information within the Annual Report. All other contents remain unchanged.

Purple Wave Infocom Ltd has submitted its Annual Report for the Financial Year 2025-26, in compliance with Regulation 34(1) of SEBI (LODR) Regulations, 2015. The report includes the Notice for the 19th Annual General Meeting (AGM), scheduled for September 25, 2026, to be conducted via Video Conferencing. Key managerial personnel and the Board of Directors are listed, along with details of various board committees. The company also provided contact information, CIN, PAN, and website details. The report is available on the company's website.

Purple Wave Infocom Limited has announced its 19th Annual General Meeting (AGM) to be held on Friday, September 25, 2026, at 12:00 Noon IST via Video Conferencing/Other Audio Visual Means (VC/OAVM). The company is providing members with a remote e-voting facility through CDSL, commencing September 21, 2026, and concluding on September 24, 2026. The cut-off date for determining voting rights is September 18, 2026. The AGM agenda includes the adoption of audited standalone and consolidated financial statements for FY 2025-26, along with the reports of the Board of Directors and Auditors. The re-appointment of Mr. Ananya Singh, who retires by rotation, will also be considered.

Purple Wave Infocom Limited has entered into a five-year Digital Screens-as-a-Service (DSaaS) Agreement with Vexto Commercials Pvt. Ltd. The agreement, valued at ₹7.50 Lakh per month (inclusive of GST), will involve the deployment and management of integrated digital display and technology solutions at Neo Square, Gurugram. The scope includes indoor and outdoor LED screens, lift-lobby displays, Hygi Air systems, digital vending kiosks, and cloud-based content management software. This strategic move strengthens Purple Wave's focus on recurring-service and technology-as-a-service business models, providing a stable, long-term revenue stream.

Purple Wave Infocom Limited's Board of Directors met on August 26, 2026, approving the Annual Report for FY26 and convening the 19th Annual General Meeting (AGM) on September 25, 2026. Key approvals include the re-appointment of Director Ms. Ananya Singh and material related party transactions with Purplewave India Private Limited (up to ₹15 Crore) and Nano Theatre Private Limited (up to ₹315 Crore) for FY27, both subject to shareholder approval. The company also set September 18, 2026, as the cut-off date for remote e-voting and established the e-voting period from September 22 to September 24, 2026. Ms. Soniya Gupta was appointed as the Scrutinizer for the e-voting process.

Purple Wave Infocom Ltd has announced the successful completion of a pilot deployment for its HYGI AIR smart washroom air-quality and hygiene monitoring solution. The pilot involved 100 retail outlets, with devices connected to a centralized monitoring platform transmitting real-time data. The company has demonstrated the operational capabilities of HYGI AIR, including connectivity, monitoring, alerts, analytics, and device health visibility. Following this successful pilot, Purple Wave Infocom is preparing for commercial deployment in fuel-retail and other high-footfall facilities, subject to customer requirements and negotiations. This initiative expands the company's portfolio into connected sensing and cloud-based monitoring services. The company clarified that this update does not constitute a confirmed order or guaranteed revenue.

Purple Wave Infocom Limited has signed a Letter of Intent (LOI) with Hyundai Motor India Limited (HMIL) for a long-term engagement involving the supply, installation, testing, and commissioning of its 'SAIPUR' brand Digital Advertising Kiosks (Standees) and Content Management Service (SaaS). The deal, spanning five years, has an indicative total contract value of ₹14.94 Crore. The deployment includes 1500 units across Hyundai's dealership network, phased over three years. This agreement signifies HMIL's confidence in Purple Wave's digital display solutions and is expected to strengthen the company's market position and revenue visibility.

Yash Patel and Persons Acting in Concert (PAC) have disclosed a substantial acquisition of shares in Purple Wave Infocom Ltd. The acquisition involved 14,38,000 equity shares, representing 15.55% of the total share capital. This transaction, executed via the open market, brings the total holding of Yash Patel and PACs to 16,85,000 shares, or 18.22% of the company's equity. The acquisition date is noted as 29-07-2026. The total diluted share capital of the company remains unchanged at 92,46,000 equity shares.

Purple Wave Infocom Ltd has issued a clarification regarding the significant movement in its share price. The company stated that it has always disclosed all material information to the stock exchanges in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The management is not aware of any specific reason for the recent share price fluctuations, asserting that the movement is purely market-driven and not connected to the company's management. Purple Wave reiterated its commitment to adhering to all applicable compliance requirements.

Purple Wave Infocom Limited announced the appointment of M/s. Gupta Sandeep & Associates as Internal Auditor and M/s. Soniya Gupta & Associates as Secretarial Auditor for the Financial Year 2026-27. Additionally, Mrs. Sandhya Singh, currently a Whole Time Director and co-founder, has been appointed as the Chief Executive Officer (CEO) of the Company. These key appointments were approved by the Board of Directors at its meeting held on May 28, 2026, following recommendations from the Audit Committee and Nomination & Remuneration Committee.