PERNIASPOP2026-09-22PERNIASPOP2026-09-222026-09-22iso4217:INRxbrli:pure544901PURPLE STYLE LABS LIMITEDPERNIASPOPNOTLISTEDINE0I1B01016NewAcquisition (including agreement to acquire)true2026-09-2116:10:002026-09-22PURPLE STYLE LABS LIMITEDListed Entity (self)PURPLE STYLE LABS USA, INC.11600000-194800000-21500000true2026-09-21falsetrueThe interests of Promoters/Promoter Group of the acquirer are as follows: a. Promoter: Mr. Abhishek Agarwal, Whole-time Director and Chief Executive Officer, Promoter and shareholder of the acquirer, also serves as the President, Secretary and Treasurer of the target entity. b. Members of Promoter Group: Ms. Priyanka Agarwal and Ms. Payal Agarwal, immediate relatives of the Promoter are shareholders of the acquirer. The target entity is a wholly owned subsidiary of the acquirer. Except to the extent of shareholding in the acquirer of Promoter and members of Promoter Group, and positions held by the Promoter as stated above, none of the Promoter, members of the Promoter Group, or group companies of the acquirer have any interest in the transaction.trueCommercialAs disclosed under "Objects of the Issue" section in the prospectus dated September 02, 2026, filed by the acquirer with Registrar of Companies, Mumbai I (“Prospectus”), the objects for which the Net Proceeds (as defined in the Prospectus) of the IPO are proposed to be utilized include (but not limited to) general corporate purposes of the acquirer and its subsidiaries. The proposed investment shall be primarily made from the Net Proceeds (i.e. to the extent of INR 53 Crores). The entire investment proceeds will be utilised by the target entity for its general corporate purposes, in accordance with the terms of the Prospectus.YesRelevant permission / approval from authorized dealer bank for the proposed overseas direct investment under Foreign Exchange Management (Overseas Investment) Rules, 2022.falseWithin 30 days of receiving the relevant approval from the authorised dealer bank.Cash670600000Investment in shares6706000001Brief background: The target entity was incorporated in Delaware, United States of America, currently operates the business of retail across categories like womenswear, menswear and others including jewelry, accessories, and kidswear through a physical experience centre under the trade name Pernia’s Pop-Up Studio in New York City. Date of incorporation: April 16, 2025 History of last 3 years turnover of PSL USA is as follows: *Financial Year Turnover (in USD) For period April 16, 2025, to March 31 2026 was 11.58 Million *The target entity was incorporated on April 16, 2025, and hence turnover for previous period is not available.2025-04-16United States of AmericaNotes: Cell F13:F15 - The financial information is for the period April 16, 2025, to March 31 2026 as the target entity was incorporated on April 16, 2025. Cell F18 and F20 - The transaction is between the holding company and wholly owned subsidiary, accordingly approval of board and shareholders for related party transaction is not applicable as per Regulation 23(5) of SEBI LODR Regulations, 2015 Cell F35 and F37 - The INR amount indicated herein is an estimated amount based on foreign exchange rate as on 18.09.2026. The proposed investment is for an amount of USD 7 Million and the actual INR equivalent will be determined as per the prevailing foreign exchange rate as on the date of remittance of proposed ODI.