Dealmoney Commodities Acquires 1.16% Stake in Purple Entertainment Limited

Purple Entertainment Limited has recently become the target of a significant market move by Dealmoney Commodities Private Limited. On November 4, 2025, Dealmoney Commodities acquired a stake in Purple Entertainment through the purchase of 100,000 equity shares via open market transactions.

Key Details of the Acquisition

Aspect	Details
Acquiring Company	Dealmoney Commodities Private Limited
Target Company	Purple Entertainment Limited
Shares Acquired	100,000
Percentage Stake	1.16%
Date of Acquisition	November 4, 2025
Mode of Acquisition	Open market transactions

Impact on Purple Entertainment's Share Capital

The acquisition represents 1.16% of Purple Entertainment's total share capital. Here's a breakdown of the company's share capital structure:

Metric	Value
Total Equity Share Capital	86,45,965 shares
Face Value per Share	INR 10.00
Total Share Capital Value	INR 8,64,59,650.00

The newly acquired shares will rank pari-passu with the existing equity shares of Purple Entertainment Limited, meaning they will have equal rights in terms of dividends, voting, and other matters.

Regulatory Compliance

This acquisition disclosure was made in compliance with the Securities and Exchange Board of India (SEBI) regulations concerning substantial acquisition of shares and takeovers. Such transparency ensures that all stakeholders and market participants are informed about significant changes in ownership structures of listed companies.

While the specific strategic implications of this acquisition are not detailed in the available information, such moves often indicate potential interest in the target company's business or market position. Investors and market analysts may want to monitor any further developments or announcements from either Dealmoney Commodities or Purple Entertainment Limited in the near future.

As always, it is advisable for investors to conduct their own research and consider multiple factors before making investment decisions based on such corporate actions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.07%	-1.34%	+49.44%	+81.69%	+30.65%	-64.91%

Purple Entertainment Limited has announced significant changes to its board composition and registered office location following a board meeting held on November 4, 2025. The company has appointed two new directors and approved the relocation of its registered office within Ahmedabad.

Board Appointments

The company's Board of Directors has approved the following appointments:

Director Name	Position	Term	Experience
Mr. Manthan Gumansinh Thakor	Additional Independent Director	Initial term of five years from November 4, 2025	Over 5 years in business management, financial knowledge, consumer marketing, and project management
Mr. Pradip Sudhakarbhai Birewar	Additional Non-Executive and Non-Independent Director	Effective from November 4, 2025, liable to retire by rotation	Extensive experience in business management and the building and construction industry

Both appointments are subject to approval by the company's members. The company has confirmed that Mr. Thakor meets the criteria of independence as provided in Section 149(6) of the Companies Act and SEBI (LODR) Regulations, 2015.

Key Points about the New Directors

Neither of the new directors is related to any other director of the company.
Both directors do not hold directorships in other listed entities.
They are not members or chairmen of committees in other listed entities.
Neither director holds any shares in Purple Entertainment Limited.
Both directors are not debarred from holding the office of Director by virtue of any SEBI order or any other authority.

Registered Office Relocation

The board has approved the shifting of the company's registered office within Ahmedabad:

From: 30-B, Ajanta Complex, 3rd Floor, Near Income Tax Cross Road, Ashram Road, Ahmedabad, Gujarat, 380009
To: B-301, Titanium City Centre, Near Sachin Towers, 100 Feet Road, Anandnagar Road, Satellite, Ahmedabad-380015, Gujarat, India

The relocation is effective from November 4, 2025, and remains within the local limits of Ahmedabad city.

These corporate actions reflect Purple Entertainment's efforts to strengthen its leadership and potentially improve its operational efficiency through the office relocation.