Purple Finance is seeking shareholder approval via postal ballot for the appointment of Mr. Sabyasachi Rath as Executive Director & Chief Executive Officer (ED & CEO) for a three-year term. Mr. Rath, a co-founder and current CEO, has been crucial to the company's growth, expanding operations to 40 branches across 6 states and achieving an AUM of over INR 130 crore. The proposed annual remuneration for him is INR 0.95 Cr, increasing to INR 1.10 Cr from October 2025. This move aims to leverage his leadership and expertise to drive future growth and long-term value for the company.