A significant investment has been approved by the board of Purple Style Labs Limited. This move involves allocating a substantial amount to its subsidiary. The total cash consideration for this transaction is considerable, amounting to a large sum.

The investment will be used to fund certain liabilities. Further details about this development are available, including the method by which the investment will be executed.

The board's decision was made on a specific date, and the investment is expected to be completed within a certain timeframe, between two given dates.