Purple Agrotech Industries Limited has been penalised ₹50 Lakh by the Securities and Exchange Board of India (SEBI) and barred from accessing the securities market for four years. The order, passed on June 30, 2026, under sections 11(1), 11(4), 11(4A), 11B(1), and 11B(2) of the SEBI Act, 1992, was received by the company on July 2, 2026. The restraint period will be set off against any period of restraint already undergone by the entity.

The regulatory action follows violations detailed in SEBI Order No. WTM/AS/IVD-2/ID16/32460/2026-27. While the specific contraventions were not elaborated upon in the disclosure, the company acknowledged the receipt of the notice and the accompanying penalties.

Key Details of the SEBI Order

The disclosure submitted to the stock exchanges outlined the specific sanctions levied against the company.

Impact Assessment

Regarding the consequences of the order, Purple Agrotech Industries stated that it is currently reviewing the matter. As of the date of the filing, the company reported that there is no impact on its financial or operational activities other than the monetary penalty that has been imposed.

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. Naishadh Dineshbhai Modi, Chairman Cum Managing Director & CFO, signed the disclosure on behalf of the company.

Purple Agrotech Industries Ltd has closed its trading window for dealing in equity shares effective from July 1, 2026, until 48 hours after the declaration of its unaudited financial results for the first quarter ended June 30, 2026. This measure is in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct for Prohibition of Insider Trading.

The restriction applies to all designated persons, including promoters, directors, key managerial personnel, designated employees, their immediate relatives, and other connected persons. These individuals are prohibited from trading in the company's securities during the specified closure period to prevent potential insider trading.

The company stated that the date of the board meeting to consider and approve the unaudited financial results for the quarter ended June 30, 2026, will be intimated in due course. The trading window will reopen 48 hours after the results are officially declared.

Naishadh Dineshbhai Modi, Chairman Cum Managing Director & CFO, signed the intimation on June 22, 2026, confirming the closure to the stock exchanges.