Purple Style Labs Limited has scheduled an earnings conference call for Tuesday, September 29, 2026, at 4:00 pm IST. The session will cover the company's operational and financial performance for the first quarter of fiscal year 2027 (Q1FY27).

The intimation was filed with the National Stock Exchange of India and BSE on September 23, 2026, pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Investors and analysts are invited to participate in the discussion regarding the results for the quarter ended June 30, 2026.

Call Details and Access

Participants can join the call via primary domestic numbers or international toll-free lines. Pre-registration is requested through the link provided on the company's website.

Key Participants

The call will feature presentations from key management personnel discussing the quarter's outcomes.

• Abhishek Agarwal: Promoter, Whole-Time Director, and Chief Executive Officer

Administrative Information

The event is coordinated by Strategic Growth Advisors Pvt. Ltd. Interested parties may contact Rahul Agarwal or Devraj Ghatge for further assistance. The company's registered office is located in Mumbai, Maharashtra.

Purple Style Labs approved a $7 million investment in its wholly owned subsidiary, Purple Style Labs USA, Inc. (PSL USA), during a board meeting held on September 21, 2026. The company will acquire 7 million Class B Common Stock shares at a par value of $1 each.

The transaction is classified as a related-party transaction under Section 2(76) of the Companies Act, 2013. The board confirmed the deal was conducted on an arm's length basis and aligns with the objects of the Initial Public Offer (IPO).

Investment Details

The primary funding source for this acquisition is the net proceeds from the company's recent IPO. Specifically, up to ₹530 million of the net proceeds will be utilized for this purpose. PSL USA will deploy these funds for general corporate purposes, consistent with the disclosures made in the prospectus filed with the Registrar of Companies, Mumbai I, on September 2, 2026.

Subsidiary Profile

PSL USA, incorporated in Delaware on April 16, 2025, operates retail businesses including womenswear, menswear, jewelry, accessories, and kidswear through a physical experience centre in New York City under the trade name Pernia's Pop-Up Studio.

For the period from April 16, 2025, to March 31, 2026, PSL USA reported a turnover of INR 11.58 million. As the entity was incorporated less than three years ago, historical turnover data for previous periods is not available.

Regulatory Approvals

The acquisition requires relevant permission from an authorized dealer bank under the Foreign Exchange Management (Overseas Investment) Rules, 2022. The company expects to complete the acquisition within 30 days of receiving this approval.

Mr. Abhishek Agarwal, Whole-time Director and CEO of Purple Style Labs, also serves as President, Secretary, and Treasurer of PSL USA. His immediate relatives, Ms. Priyanka Agarwal and Ms. Payal Agarwal, are shareholders in the parent company but have no direct interest in the transaction beyond their shareholding.