Purple Entertainment Appoints New Directors and Relocates Registered Office

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.76%	-12.28%	-12.28%	+33.33%	+11.61%	-70.67%

Purple Entertainment Limited has reported the death of its Independent Director, Mrs. Manjulaben Navinchandra Kothari, in a delayed disclosure to the Bombay Stock Exchange (BSE). The company's announcement, made on November 3, 2025, reveals a significant gap between the event and its public disclosure, raising questions about compliance with regulatory requirements.

Key Details of the Announcement

Information	Details
Deceased Director	Mrs. Manjulaben Navinchandra Kothari
Director Identification Number (DIN)	08012476
Date of Passing	September 22, 2025
Date of Disclosure	November 3, 2025
Delay in Disclosure	42 days
Reason for Delay	Non-availability of official death certificate and pending family confirmation
Date of Death Certificate Receipt	November 1, 2025

Regulatory Context and Company's Response

Purple Entertainment Limited acknowledged the delay in reporting this material event, citing the unavailability of the official death certificate and pending confirmation from family members as reasons for the late disclosure. The company stated that it received the death certificate on November 1, 2025, which prompted the subsequent announcement.

In its communication to the BSE, Purple Entertainment emphasized that the delay was unintentional. The company expressed regret for the late submission and assured stakeholders of its commitment to ensuring timely disclosure of material events in the future, in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Implications and Compliance Considerations

This incident highlights the importance of prompt and accurate disclosure of material events by listed companies. SEBI regulations require immediate disclosure of such information to ensure transparency and protect investor interests. The significant delay in this case may raise concerns about the company's internal processes for identifying and reporting material events.

While Purple Entertainment has provided an explanation for the delay, this situation underscores the need for robust systems and procedures to ensure timely compliance with regulatory requirements, even in challenging circumstances. Investors and regulatory bodies may closely monitor the company's future disclosures to assess its commitment to improved compliance practices.