Purple Wave Infocom Ltd Directors Report

To The Members,

Purple Wave Infocom Limited

Your Directors have pleasure in submitting their 19th Annual Report of the Company together with the Audited Statements of Accounts for the year ended 31st March, 2026

1. FINANCIAL SUMMARY OR HIGHLIGHTS / PERFORMANCE OF THE COMPANY

The Companys financial performance for the year under review along with previous year figures are given hereunder:

(Rs. In Lakh except EPS)

Particulars	Current Financial Year (2025-26)	Previous Financial Year (2024-25)
Revenue from operations	14610.39	12774.64
Add: Other Income	22.21	7.13
Less: Expenses	12827.37	11554.01
Profit/ Loss before tax expense	1805.24	1227.76
Less: Tax Expenses:
Current tax	463.45	322.90
Deferred Tax	-0.91	-1.38
Profit/ Loss after tax expense	1342.70	906.23
Basic Earnings per share (in Rs.)	14.52	13.43

2. TRANSFER TO RESERVES

We do not propose to transfer any amount to general reserve

3. DIVIDEND

To strengthen the financial position of the Company and to augment working capital, your directors do not recommend any dividend for the FY 2026.

4. STATE OF THE COMPANYS AFFAIRS:

Your Directors are pleased to share the exceptional operational and financial performance achieved by the Company during FY2026

The major highlights of the FY2025 are as under:

Revenue from operations stood at 14610.39.lakhs in FY2026 compared to 12774.64 lakhs in FY2025 thereby registering a growth of 14.37%

PAT stood at 1342.70 lakhs in FY2026 compared to 906.23 lakhs in FY2025, thereby registering a growth of 43.75%. The Company is well positioned to achieve better operation and financial performance in FY2027

5. CHANGE IN THE NATURE OF BUSINESS

There is no Change in the nature of the business / operation of the Company done during the year under review..

6. CHANGE IN NAME AND STATUS OF COMPANY

The company was originally incorporated by the name "Purple Wave Infocom Private Limited" under the Companies Act 1956 pursuant to a certificate of incorporation dated 19/11/2007 issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Later, our Company was converted into a public limited company pursuant to a resolution passed by our Board of Directors in its meeting held on 4^th June 2024, and by the Shareholders in an extraordinary general meeting held on 26^th June 2024 and consequently the name of our Company was changed to ‘Purple Wave Infocom Limited and a fresh certificate of incorporation dated 8^th August 2024 was issued by the Registrar of Companies, Central Processing Centre. The Corporate Identification Number of our Company is L72300DL2007PLC170537

7. INITIAL PUBLIC OFFER (IPO) & LISTING OF SHARES ON BSE SME PLATFORM

During the financial year 2025-26, Purple Wave Infocom Limited has successfully listed its 24,96,000 equity shares on the SME Platform of BSE Limited on December 05, 2025. This significant milestone marks a new chapter in the Companys growth journey, providing it with enhanced visibility and access to a broader investor base.

8. DEMATERIALISATION OF SHARES

As on March 31, 2026, the share of the Company held in demat form represents 100% of the total issued and paidup capital of the Company. The Company ISIN No. is INE0VDK01019. M/s. Maashitla Securities Private Limited is the Registrar and Share Transfer Agent of the Company and handles investors related matters under the supervision of the Company.

9. MATERIAL CHANGES AND COMMITMENT IF ANY AFFECTING THE FINANCIAL POSITION OF THE COMPANY OCCURRED BETWEEN THE END OF THE FINANCIAL YEAR TO WHICH THIS FINANCIAL STATEMENTS RELATE AND THE DATE OF THE REPORT

During the Financial Year 2026-27 company has taken approval from the Shareholders for issuing 4,00,000 options under

PWIL ESOP Scheme 2026 in their Extra-ordinary General Meeting held on 9^th May 2026.

No material changes and commitments affecting the financial position of the Company occurred from the end of the Financial Year 2025-26 to date of this report other than the specified above.

10. SHARES CAPITAL

The company has only one class of shares i.e. Equity shares of Rs. 10/- each only and all Equity Shares are ranked pari-passu in all respect. All Equity Shares issued are fully paid-up during the period under review: i. The Authorized Share Capital of the Company is Rs. 10,00,00,000/- (Rupees Ten Crore Only) ii. Issued, Subscribed, and Paid-up Equity Share Capital is Rs. 9,24,60,000/- (Rupees Nine Crore Twenty Four Lakh Sixty Thousand Only).

Changes in Share Capital

During the period 2025-26 under review, The Paid-up Equity Capital has been changed in the manner set forth below: a. INITIAL PUBLIC OFFERING (IPO):

On December 05^th 2025, the Company successfully completed its IPO by way of issuing 24,96,000 equity shares. This IPO marks a significant milestone, enhancing the Companys capital base and providing access to a broader investor base through the listing on the SME Platform of BSE Limited.

Summary of Share Capital

Authorised Share Capital	Rs. 10,00,00,000/-
Paid Up Capital before IPO	Rs. 6,75,00,000
Paid up capital after IPO	Rs. 9,24,60,000

11. ALTERATION OF MEMORANDUM AND ARTICLES OF ASSOCIATION

During the FY2026, the Company has not undertaken any alteration or amendment to the Memorandum and Articles of Association of the Company.

12. EXTRACT OF ANNUAL RETURN

Pursuant to Section 92(3) read with Section 134(3) (a) of the Companies Act, 2013, the Annual Return for the year ending on

March 31, 2025 is available on the Companys website at https://purplewave.in

13. DIRECTORS AND KEY MANAGERIAL PERSONNEL

As on March 31, 2026, the Company has Six Directors of which three are Executive Directors. The Company has three Independent Directors. And as on 31^st March 2026, Company has one Company Secretary Ms. Shivani Gupta and one CFO Mr. Aafaqu Ahmad. During the year Company received resignation from Chief Executive Officer Mr. Shaurya Somani which took effect from 24^th March 2026.

14. NUMBER OF BOARD MEETINGS CONDUCTED DURING THE YEAR UNDER REVIEW

During the year under review, 16 (Sixteen) Board Meetings were held in accordance with the provisions of Companies Act, 2013. The said meetings were held on 07-04-2025, 21-04-2025, 10-05-2025, 21-05-2025, 17-07-2025, 11-08-2025, 21-08-2025, 01-09-2025, 08-09-2025, 04-11-2025, 20-11-2025, 27-11-2025, 02-12-2025, 03-12-2025, 24-12-2025, 29-12-2025 26-03-2026. The intervening gap between two consecutive meetings was within the limit prescribed under the Companies Act, 2013 and SEBI Listing Regulations. Table: Number of meetings attended by each director

Name of Director	Number of meetings entitled to attended during Financial Year 2025-26	Number of meetings attended during Financial Year 2025-26
1. Manoj Kumar Singh	17	17
2. Sandhya Singh	17	17
3. Ananya Singh	17	12
4. Srikant	17	14
5. Sandeeep Likhamania	17	12
6. Satendra Kumar Goyal	17	14

Furthermore, during the year under review, 6 (Six) Audit Committee Meetings, 1 (One) Corporate Social Responsibility Committee Meeting, 1 (One) Nomination and Remuneration Committee Meeting, 1 (One) Independent Directors Meeting were convened and held:

Name of the Commitee	Date of Meeting	No. of Director entitled to attend the meeting	No. of directors who attended the Meeting	Name of the Directors present
1. Audit Committee Meeting	21-04-2025	3	3	1. Sandeep Likhamania
				2. Satendra Kumar Goyal
				3. Manoj Kumar Singh
2. Audit Committee Meeting	20-08-2025	3	3	1. Sandeep Likhamania
				2. Satendra Kumar Goyal
				3. Manoj Kumar Singh
3. Audit Committee Meeting	04-11-2025	3	3	1. Sandeep Likhamania
				2. Satendra Kumar Goyal
				3. Manoj Kumar Singh
4. Audit Committee	24-12-2025	3	3	1. Sandeep Likhamania
Meeting				2. Satendra Kumar Goyal
				3. Manoj Kumar Singh
5. Audit Committee Meeting	29-12-2025	3	3	1. Sandeep Likhamania
				2. Satendra Kumar Goyal
				3. Manoj Kumar Singh
6. Audit Committee Meeting	26-03-2026	3	3	1. Sandeep Likhamania
				2. Satendra Kumar Goyal
				3. Manoj Kumar Singh
7. Nomination & Remuneration Committee Meeting	26-03-2026	3	3	1. Satendra Kumar Goyal
				2. Srikant
				3. Sandeep Likhamania
8. Corporate Social Responsibility	07-04-2025	3	3	1. Manoj Kumar Singh
				2. Sandhya Singh
				3. Sandeep Likhamania
9. Independent Directors Meeting	26-03-2026	3	3	1. Srikant
				2. Sandeep Likhamania
				3. Satendra Kumar Goyal

15. BOARD EVALUATION

Pursuant to the provisions of the Companies Act, 2013, Regulation 17(10) of the Listing Regulations and in line with our corporate governance guidelines, peer evaluation of all Board members, annual performance evaluation of its own performance, as well as the evaluation of the working of Boards Committees was undertaken. This evaluation is led by the Chairman of the

Nomination and Remuneration Committee with a specific focus on the performance and effective functioning of the Board and its Committees. The evaluation process, inter alia, considers attendance of Directors at Board and committee meetings, acquaintance with business, communication inter se board members, the time spent by each of the Board members, core competencies, personal characteristics, accomplishment of specific responsibilities and expertise. The performance of the Board was evaluated by the Board after seeking inputs from all the Directors on the basis of the criteria such as the Board composition and structure, effectiveness of Board processes, information and functioning etc. The performance of the Committees was evaluated by the Board after seeking inputs from the Committee Members on the basis of the criteria such as the composition of Committees, effectiveness of committee meetings, etc. The report on the performance evaluation of the Individual Directors was reviewed by the Board and feedback was given to the Directors.

16. COMMITTEE

The Company has constituted the following Committee of directors.

AUDIT COMMITTEE Composition of the Committee:

Name of the Directors	Nature of Directorship	Designation in Committee
Sandeep Kumar Likhamania	Non-Executive Independent Director	Chairman
Satendra Goyal	Non-Executive Independent Director	Member
Manoj Kumar Singh	Managing Director	Member

During the year under review, there has been no instance where the recommendations of the Audit Committee have not been accepted by the Board. The terms of reference of the Audit Committee are in accordance with the provision of the Companies Act, 2013 and in line with SEBI Listing Regulations although the listing regulation pertaining to Audit Committee is not applicable to the Company.

STAKEHOLDERS RELATIONSHIP COMMITTEE

Name of the Directors	Nature of Directorship	Designation in Committee
Sandeep Kumar Likhamania	Non-Executive Independent Director	Chairman
Srikant	Non-Executive Independent Director	Member
Sandhya Singh	Whole Time Director	Member

During the year under review, there has been no instance where the recommendations of the Stakeholders Relationship Committee have not been accepted by the Board. The terms of reference of the Stakeholders Relationship Committee are in accordance with the provision of the Companies Act, 2013 and in line with SEBI Listing Regulations although the listing regulation pertaining to Stakeholders Relationship Committee is not applicable to the Company.

NOMINATION AND REMUNERATION COMMITTEE

Name of the Directors	Nature of Directorship	Designation in Committee
Satendra goyal	Non-Executive Independent Director	Chairman
Srikant	Non-Executive Independent Director	Member
Sandeep Kumar Likhamania	Non-Executive Independent Director	Member

During the year under review, there has been no instance where the recommendations of the Nomination and Remuneration Committee have not been accepted by the Board. The terms of reference of the Nomination and Remuneration Committee are in accordance with the provision of the Companies Act, 2013 and in line with SEBI Listing Regulations although the listing regulation pertaining to Nomination and Remuneration Committee is not applicable to the Company

CORPORATE SOCIAL RESPONSIBILITY COMMITTEE

Name of the Directors	Nature of Directorship	Designation in Committee
Manoj Kumar Singh	Managing Director	Chairman
Sandhya Singh	Whole Time Director	Member
Sandeep Kumar Likhamania	Non-Executive Independent Director	Member

17. DECLARATIONS BY INDEPENDENT DIRECTORS

In accordance with the provisions of Section 149(7) of the Companies Act, 2013, each of the Independent Directors has confirmed to the Company that he or she meets the criteria of independence laid down in Section 149(6) of the Companies Act, 2013 read with Regulation 16(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 (the Listing Regulations) as emended. In the opinion of the Board of Directors, all Independent Directors of the Company fulfils the conditions specified in the Act and Rules made thereunder.

18. MEETING OF THE INDEPENDENT DIRECTORS

During FY2025, one meeting of Independent Directors was held without the presence of the Executive Directors or Management Personnel on 26-03-2025. At such meeting, the Independent Directors have discussed, among other matters, the challenges faced by the Company, growth strategies, flow of information to the Board, strategy, leadership strengths, compliance, governance, HR related matters and performance of Executive Directors.

19. VIGIL MECHANISM/WHISTLE BLOWER POLICY

To meets the requirement under Section 177(9) and (10) of the Companies Act, 2013 and Regulation 22 of the Listing Regulations the Company has adopted a vigil mechanism named Whistle Blower Policy for directors and employees to report genuine concerns, which shall provide adequate safeguards against victimization of persons who use such mechanism. Under this policy, we encourage our employees to report any reporting of fraudulent financial or other information to the stakeholders, any conduct that results in violation of the Companys Code of Business Conduct, to management (on an anonymous basis, if employees so desire). Likewise, under this policy, we have prohibited discrimination, retaliation or harassment of any kind against any employee who, based on the employees reasonable belief that such conduct or practice have occurred or are occurring, reports that information or participates in the said investigation.

The Whistle Blower Policy is displayed on the Companys website at www.purplewave.in. No individual in the Company has been denied access to the Audit Committee or its Chairman during the FY2026

20. APPOINTMENT OF DIRECTORS AND REMUNERATION POLICY

The Board has on the recommendation of the Nomination and Remuneration Committee framed a policy for the selection and appointment of Directors and Senior Management Personnel and their remuneration. The Companys policy relating to the Directors appointment, payment of remuneration and discharge of their duties is available on the website of the Company at www.purplewave.in

21. RISK MANAGEMENT POLICY

The Company has its own risk management policy to ensure that all the current and future material exposures of the Company are identified, assessed, quantified appropriately, mitigated and managed. This risk management policy will help the Company assure smooth and hurdle free operations. The Companys policy relating to the risk management is available on the website of the Company at www.purplewave.in

22. SUBSIDIARY, JOINT VENTURE AND ASSOCIATE COMPANY

As on 31^st March 2026, the company has one wholly owned subsidiary company namely Nano Theatre Private Limited which incorporated on 30^th March 2026. The details of the Subsidiary is mentioned in the AOC-1 attached as "Annexure 2"

23. NON-APPLICABILITY OF THE INDIAN ACCOUNTING STANDARDS

As per Provision to regulation Rule 4(1) of the companies (Indian Accounting Standards) Rules, 2015 notified vide Notification No. G.S.R 111 (E) on 16th February, 2015, Companies whose shares are listed on SME exchange as referred to in Chapter XB of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, are exempted from the compulsory requirements of adoption of IND-AS w.e.f. 1st April, 2017. As your Company is listed on BSE SME, it is covered under the exempted category and not required to comply with IND-AS for preparation of financial statements.

24. DETAILS OF SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR TRIBUNALS

During the year under review, no significant and material orders have been passed by the Regulators, Courts, or Tribunals impacting the going concern status of the Company and its operation in the future.

25. CORPORATE GOVERNANCE

The requirement specified in regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 26A, 27 and clauses (b) to (i) and (t) of sub-regulation (2) of regulation 46 and para C, D and E of Schedule V of SEBI (LODR) Regulations, 2015 are not applicable to the Company. In additions to the applicable provisions of the Companies Act, 2013 become applicable to the company immediately up on the listing of Equity Shares on the BSE SME. However, the Company has complied with the corporate governance requirement, particularly in relation to appointment of independent directors including woman director in the Board, constitution of an Audit Committee and Nomination and Remuneration Committee. The Board functions either on its own or through committees constituted thereof, to oversee specific operational areas

26. AUDITORS

A. STATUTORY AUDITORS & AUDITORS REPORT

Pursuant to Section 139(2) of the Companies Act, 2013, read with Companies (Audit and Auditors) Rules, 2014, the Company at its 17^th Annual General Meeting (AGM) held on September 30^th, 2024, had appointed M/s. Andros & Co. (FRN: 0008976N), Chartered Accountants as Statutory Auditors to hold office from the conclusion of the 17^th AGM until the conclusion of the 22^nd AGM of the Company to be held in the year 2029. Accordingly, M/s. Andros & Co., continues to be the Statutory Auditors of the Company till the conclusion of the 22^nd AGM, as approved by the shareholders at the AGM held on September 30, 2024. The Statutory Auditors Report is annexed to this Annual Report. The Statutory Audit Report does not contain any qualification reservation or adverse remark or disclaimer made by Statutory Auditors. The notes to the accounts referred to in the Auditors Report are self-explanatory and, therefore, do not call for any further comments.

B. SECRETARIAL AUDIT REPORT

Pursuant to the provisions of Section 204 of the Companies Act, 2013 and Rules made thereunder, the Company had appointed M/s. Soniya Gupta & Associates, Practicing Company Secretaries, as the Secretarial Auditor of the Company for the Financial Year 2025-26. M/s. Soniya Gupta & Associates is a firm of Practicing Company Secretaries, established in 2009, providing consultancy services in the field of Corporate Law Compliance mainly SEBI Regulations, FEMA, Companies Act and NBFC for more than 17 years. The Firm is led by CS Soniya Gupta having more than 17 years of experience in Corporate Law Compliances The Secretarial Audit Report submitted by her for FY 2025-26 is annexed herewith marked as "Annexure 1" to this Report.

The Secretarial Audit Report does not contain any qualification, reservation or adverse remark, and, therefore, does not call for any further comments.

27. SECRETARIAL STANDARDS

During the year under review, the Company has duly complied with the applicable provisions of the Secretarial Standards on Meetings of the Board of Directors (SS-1) and General Meetings (SS-2) issued by The Institute of Company Secretaries of India (ICSI).

28. INTERNAL FINANCIAL CONTROL SYSTEMS AND THEIR ADEQUACY

The Company has an adequate Internal Control System, commensurate with the size, scale and complexity of its operations. The controls comprise of: a) Officials of the Company have defined authority and responsibilities within which they perform their duty; b) All the Banking transactions are under joint authority and no individual authorization is given; c) Maker-checker system is in place. d) Any deviations from the previously approved matter require fresh prior approval

29. DETAILS OF FRAUD REPORTED BY THE AUDITORS

During the year under review, the Statutory Auditor have not reported any instances of fraud committed in the Company by its officers or employees to the Audit Committee under section 143(12) and Rule 13 of the Companies (Audit and Auditors) Rules, 2014 of the Companies Act, 2013

30. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS UNDER SECTION 186 OF THE COMPANIES ACT, 2013

The particulars of loans given, investment made or guarantee given or security provided and the purpose for which the loan or guarantee or security is proposed to be utilized as per the provisions of Section 186 of the Companies Act, 2013 are disclosed in the Notes of the Financial Statements for the financial year ended March 31, 2026.

31. DEPOSIT

The Company has neither accepted nor renewed any deposits during the year under review. Further, the Company does not have any outstanding amount qualified as a deposit as on 31st March 2026

32. PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES

The Company has entered into related party transaction in ordinary course of business and at arms length. As none of the transactions with any of the related party exceed the 10% of the turnover of the Company, there was no material related party transaction during the year under review. Thus, the disclosure of particulars of contracts or arrangements with related parties as prescribed in Form AOC-2 under section 188(1) of the Companies Act, 2013, during the financial year ended March 31, 2026, is not applicable. The details of related party transactions are disclosed in Form AOC 2 as "Annexure 3", enclosed herewith.

The policy on Related Party Transactions as approved by the Board is uploaded on the Companys website: www.

Purplewave.in.

33. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNING AND OUTGO

The details of conservation of energy and technology absorption are applicable to the Company as the Company is now engaged in the manufacturing activities. Further, the foreign exchange earnings and outgo for the financial year ended March 31, 2025 in accordance with the provisions of Section 134(3)(m) of the Companies Act, 2013 read with Rule 8 of the Companies (Accounts) Rules 2014 in the prescribed format are annexed hereto as "Annexure 4" and forms part of this report.

34. STATEMENT PURSUANT TO SECTION 197(12) OF THE COMPANIES ACT, 2013 READ WITH RULE 5 OF THE COMPANIES (APPOINTMENT AND REMUNERATION OF MANAGERIAL PERSONNEL) RULES, 2014

The statement containing names of top ten employees in terms of remuneration drawn and the particulars of employees as required under Section 197(12) of the Act read with Rule 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, is provided in a separate "Annexure-5" forming part of this report.

35. DETAILS OF POLICY DEVELOPED AND IMPLEMENTED BY THE COMPANY ON ITS CORPORATE SOCIAL RESPONSIBILITY INITIATIVES

The Annual Report on CSR activities is enclosed as per prescribed format as "Annexure 6" and forms part of this report.

36. MAINTENANCE OF COST RECORDS AND COST AUDIT

The requirement of maintenance of cost records as specified by the Central Government under sub-section (1) of section 148 of the Companies Act, 2013, and audit of cost records were not applicable to the Company during the year under review

37. DISCLOSURE UNDER INSOLVENCY AND BANKRUPTCY CODE, 2016

During the year under review, neither any application was made nor any proceedings is pending against the Company under the Insolvency and Bankruptcy Code, 2016

38. DETAILS OF DIFFERENCE BETWEEN AMOUNTS OF THE VALUATION

There was no one time settlement by the Company with the Banks or Financial Institutions during the year under review, thus, the details of difference between amount of the valuation done at the time of one-time settlement and the valuation done while taking loan from the Banks or Financial Institutions along with the reasons thereof are not applicable.

39. DIRECTORS RESPONSIBILITY STATEMENT

The Directors Responsibility Statement referred to in clause (c) of Sub-section (3) of Section 134 of the Companies Act, 2013 shall state that

a) In the preparation of the annual accounts, the applicable accounting standards have been followed along with proper explanation relating to material departures.

b) The directors has selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company at the end of the financial year and of the profit & loss of the company for that period.

c) The directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities.

d) The directors has prepared the annual accounts on a going concern basis;

e) The directors, in the case of a listed company, had laid down internal financial controls to be followed by the company and that such internal financial controls are adequate and were operating effectively, and

f) The directors had devised proper system to ensure compliance with the provisions of all applicable laws and that such system were adequate and operating effectively.

40. PREVENTION OF INSIDER TRADING

The Company has adopted a Code of Conduct for Prevention of Insider Trading, in accordance with the requirements of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time. The Company Secretary is the Compliance Officer for monitoring adherence to the said Regulations. The Code is displayed on the

Companys website at www.purplewave.in

41. DISCLOSURES AS PER SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESS) ACT, 2013

As per requirements of the Sexual Harassment of Women at the Workplace (Prevention, Prohibition and Redressal) Act, 2013 (POSH), the Company has placed adequate mechanism to provide safe and congenial working environment to all female employees, by regularly arranging trainings and awareness programs to sensitize all employees on the matter. The Company has constituted Internal Complaints Committee (ICC) to redress the complaints of female workers as per the laws in force. Following is the status of complaints received under POSH during the Financial Year 2025-26: 1. Number of complaints filed: Nil 2. Number of complaints disposed: Nil 3. Number of complaints pending as on 31st March 2023: Nil

42. MANAGEMENT DISCUSSION & ANALYSIS REPORT

In term of requirements of Regulation 34(2)(e) of SEBI (LODR) Regulation 2015, a "Management Discussion and Analysis Report" are set out as a separate section in this Annual Report which forms an integral part of this report.

43. TRANSFER OF UNPAID AND UNCLAIMED AMOUNTS TO INVESTOR EDUCATION AND PROTECTION FUND (IEPF)

Pursuant to the applicable provisions of the Companies Act, 2013, read with the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 ("the IEPF Rules"), all unpaid or unclaimed dividends are required to be transferred by the Company to the IEPF, established by the Government of India, after the completion of seven years. Further, according to the Rules, the shares on which dividend has not been paid or claimed by the shareholders for seven consecutive years are also to be transferred to the Demat account of the IEPF Authority. During the year, there was no unclaimed and unpaid dividend and corresponding equity shares on which dividend were unclaimed/unpaid for seven consecutive years which was required to be transferred as per the requirement of the IEPF Rules. Further, pursuant to the provisions of Section 124(6) of the Act read with the relevant Rules made thereunder, as there was no equity shares on which dividend has not been paid or claimed for seven (7) consecutive years or more, no shares are due for transfer to the IEPF as notified by the Ministry of Corporate Affairs.

44. HUMAN RESOURCES

Our employees are our core resource and the Company has continuously evolved policies to strengthen its employee value proposition. Your Company was able to attract and retain best talent in the market and the same can be felt in the past growth of the Company. The Company is constantly working on providing the best working environment to its Human Resources with a view to inculcate leadership, autonomy and towards this objective; your company makes all efforts on training. Your Company shall always place all necessary emphasis on continuous development of its Human Resources. The belief "Great People create Great Organization" has been at the core of the Companys approach to its people.

45. COMPLIANCE OF THE PROVISIONS RELATING TO THE MATERNITY BENEFIT ACT, 1961

The Company is fully committed to upholding the rights and welfare of its employees in accordance with the applicable laws. In line with this commitment, the Company ensures strict compliance with the provisions of the Maternity Benefit Act, 1961, as amended from time to time and maternity benefits are extended to 100% of employees.

46. GENERAL

Your Directors state that no disclosure or reporting is required in respect of the following matters as there were no transactions on these items during the year under review: Issue of equity shares with differential rights as to dividend, voting or otherwise.

Issue of shares (including sweat equity shares) to employees of the Company under any scheme.

The Company does not have any scheme of provision of money for the purchase of its own shares by employees or by trustees for the benefit of employees.

47. GREEN INITIATIVES

In commitment to keeping in line with the Green Initiative and going beyond it to create new green initiations, an electronic copy of the Notice of the 19th Annual General Meeting of the Company along with a copy of the Annual Report is being sent to all Members whose email addresses are registered with the Company/ Depository Participant(s) and will is also available at the Companys website at www.purplewave.in

48. ACKNOWLDGEMENTS

Your Directors place on record their sincere thanks to Partners Companies, Bankers, Business Associates, Consultants, and

Various Government Authorities for their continued support extended to your Companys activities during the year under review. Your Directors also acknowledges gratefully the shareholders for their support and confidence reposed on your Company.

For and on behalf of
Purple Wave Infocom Limited
Sd/-	Sd/-
Manoj Kumar Singh	Sandhya Singh
Chairman & Managing Director	Whole Time Director
DIN: 00036674	DIN: 01238745
Place: New Delhi
Date: 26th August 2026