Advisory Letter from BSE for Non-Compliance of Regulation 45(3) of LODR
BSE has sent an advisory letter dated 24/09/2026 over non-compliance with Regulation 45(3) of SEBI LODR, linked to the company's name change application from Purple Entertainment Limited to Purple Agrotech Industries Limited.
- Advisory Letter Date
- 24/09/2026
- Regulation Violated
- Regulation 45(3) of SEBI LODR
- Name Change Application Date
- November 11, 2025
- Previous Company Name
- Purple Entertainment Limited
- New Company Name
- Purple Agrotech Industries Limited
What happened
The company disclosed that it received an advisory letter from BSE Limited, dated September 24, 2026, for non-compliance with Regulation 45(3) of SEBI LODR Regulations, 2015.
Background
- The matter arose from the company's name change application dated November 11, 2025, seeking BSE approval to change its name from Purple Entertainment Limited to Purple Agrotech Industries Limited.
- BSE observed non-compliance with Regulation 45(3) and the company had provided a ratification letter in that regard.
- The application was processed and the non-compliance was referred to SEBI, which noted it.
What SEBI advised
- Be careful in future, exercise due caution and initiate corrective steps to avoid recurrence, by placing the warning letter and corrective steps before the Board of Directors.
- Disseminate a copy of the warning on the stock exchange.
- Inform the exchange upon ratification.
Company's view
The company stated there is no impact on financial, operation or other activities of the company.
The disclosure was made under Regulation 30 read with Schedule III of SEBI LODR, and is an advisory in nature rather than a monetary penalty.
Also from Purple Agrotech Industries
Board approves update of RUN application for name reservation to change name to Aurumex or Zenara Industries
5 Oct 2026
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