ALPHA TRIBE

Purple United Sales LimitedOthers, 27-08-2025: Amendment to AOA/MOA

27-08-2025 | 06:51 pm

Purple United Sales' board approved an Employee Stock Option Scheme covering 720,735 equity shares to incentivize talent. The company plans to significantly expand its business objects to include manufacturing and trading of a wide range of infant and children's products like garments and toys, alongside strengthening borrowing powers. To support future growth, the authorized share capital will increase from Rs. 11 Crore to Rs. 15 Crore, granting flexibility for capital raising. The board also approved changes allowing various forms of further share issuance and appointed a secretarial auditor for FY2025-26. All key changes are subject to shareholder approval.

No comments yet. Be the first to comment!

All announcements from Purple United Sales Limited