P H Capital Limited has filed a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing BSE Limited of a corrigendum dated April 27, 2026 issued in connection with the ongoing open offer for substantial acquisition of its equity shares. The corrigendum was issued by Choice Capital Advisors Private Limited (SEBI Regn. No. INM000011872), the manager to the open offer, on behalf of acquirer Mr. Aditya Himmat Bhansali. An advertisement of the corrigendum was published on April 28, 2026 in Financial Express (English – All editions), Jansatta (Hindi – All editions), and Mumbai Lakshadeep (Marathi – Mumbai Editions).

Open Offer Overview

The open offer is being made pursuant to Regulations 3(1) and 4 read with Regulations 13, 14 and 15(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011 ("SAST Regulations"). The key parameters of the open offer are summarised below:

Purpose of the Corrigendum

The corrigendum amends the "Statutory and Other Approvals" section as set out in Para VI(1) of the Detailed Public Statement and Para VIII(B)(1) of the Draft Letter of Offer. The amendment arises from the fact that P H Capital Limited is registered as a Stock Broker with SEBI vide Certificate No. 0002960 dated February 25, 2022, bearing Registration No. INZ000304433, and is a member of BSE Limited. The Target Company will continue to hold the Stock Broker License.

In terms of the Stockbroker Regulations and the BSE Master Circular on Membership, 2025, prior approval of the Stock Exchange and SEBI is required for effecting a change in control of the Target Company. Accordingly, the Target Company submitted an application to BSE on February 02, 2026 seeking prior approval for the proposed change in control, which application is currently under process.

Amended Statutory Approvals Clause

Pursuant to the corrigendum, the statutory approvals section now reads as follows:

• The Target Company holds a Stock Broker Registration with SEBI under the SEBI (Stockbrokers) Regulations, 2026 (SEBI registration No. INZ000304433) and will continue to hold this registration.
• Prior approval of the Stock Exchange and SEBI is required for effecting a change in control of the Target Company, as prescribed under the Stockbroker Regulations and the BSE Master Circular on Membership, 2025.
• The Target Company has submitted an application to BSE on February 02, 2026 seeking prior approval/no objection for the proposed change in control, which is currently under process.
• The Acquirer satisfies the eligibility criteria prescribed under the SEBI (Intermediaries) Regulations, 2008 and the BSE Master Circular on Membership, 2025, and is eligible to act as the promoter of the Target Company upon consummation of the proposed change in control.
• In the event any additional statutory approvals are required prior to the expiry of the Tendering Period, the offer shall be subject to receipt of such approvals.

Other Information

Except as detailed in the corrigendum, all other terms, conditions, and contents of the open offer, Public Announcement, Detailed Public Statement, and Draft Letter of Offer remain unchanged. The acquirer, Mr. Aditya Himmat Bhansali, accepts full responsibility for the information contained in the corrigendum and for the obligations laid down under the SAST Regulations. The corrigendum is available on the websites of SEBI ( www.sebi.gov.in ), P H Capital Limited ( www.phcapital.in ), and BSE ( www.bseindia.com ). The acquirer will suitably update the Letter of Offer and publish a Pre-Offer Advertisement cum Corrigendum for changes and comments issued by SEBI, including a revised schedule of activities, in accordance with the SAST Regulations.

P H Capital Limited announced its audited financial results for the financial year ended March 31, 2026, following approval by the Board of Directors on April 23, 2026. The company, engaged in trading in shares and securities, reported a decline in profitability for the full year compared to the previous fiscal year.

Financial Performance Overview

For the financial year ended March 31, 2026, ph capital reported a net profit of Rs 323.59 lakh, representing a decrease from Rs 785.10 lakh in the previous year. Total income from operations stood at Rs 11,408.48 lakh, down from Rs 18,550.80 lakh in FY25. The company's earnings per share (EPS) for the year was Rs 10.79, compared to Rs 26.17 in the preceding year.

Quarterly Performance

The fourth quarter of FY26 proved challenging, with the company recording a net loss of Rs 160.09 lakh. Total income for the quarter ended March 31, 2026, was Rs 2,269.61 lakh, while total expenses amounted to Rs 2,461.71 lakh. The basic and diluted EPS for Q4 FY26 was reported at (Rs 5.34).

Key Financial Indicators

Balance Sheet Position

As of March 31, 2026, the company's total assets stood at Rs 5,871.74 lakh, compared to Rs 6,339.75 lakh in the previous year. Total equity was reported at Rs 5,754.97 lakh, while total liabilities amounted to Rs 116.77 lakh. Cash and cash equivalents increased significantly to Rs 3,008.11 lakh from Rs 170.92 lakh in FY25.

Auditor's Report

The statutory auditors, M/s. S.P Jain & Associates, Chartered Accountants, conducted the audit of the annual financial results and a limited review of the quarterly results. The auditors expressed an unmodified opinion, stating that the financial results for the year ended March 31, 2026, are presented in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and give a true and fair view of the company's financial performance.