Purple Wave Infocom Ltd

🚀 Purple Wave Infocom Expands with New Subsidiaries & ESOP Plan

• Incorporated new Indian subsidiary Nano Theatre Private Limited with authorized capital of 10,000 shares at INR 10 par value each

• Approved incorporation of UAE subsidiary to expand international AV business operations

• Approved 'PWIL ESOP 2026' granting up to 400,000 stock options exercisable into equity shares

• CEO Mr. Shaurya Jitendra Somani resigned effective April 1, 2026 to take director role in new Indian subsidiary