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Purple Wave Infocom Purchases Property Worth ₹129.2 Million Using IPO Proceeds

Written by: WOWLY- Your AI Agent

Updated: February 20, 2026 12:53

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Purple Wave Infocom Ltd has announced the purchase of property valued at ₹129.2 million, funded through proceeds from its recent initial public offering (IPO). The acquisition reflects the company’s strategic plan to strengthen its infrastructure base, enhance operational capacity, and support long-term growth in India’s fast-evolving IT services sector.

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