Purple Entertainment Ltd — Important, 18-11-2025: Company Update

The company's board approved the financial results for the quarter and half-year ended September 30, 2025. Significant changes occurred in board composition, with four independent directors resigning. Concurrently, Mr. Naishadh Dineshbhai Modi was appointed as the new Managing Director for five years (pending shareholder approval) and also as Chief Financial Officer. Mr. Chirag Kirtikumar Shah stepped down as Managing Director but remains a Director. These extensive changes led to the reconstitution of key board committees, signaling a notable shift in leadership and governance structure.