P. H. Capital Ltd has restructured its Board of Directors with the appointment of three new members and the resignation of two existing directors, effective August 05, 2026. The move introduces fresh leadership across executive and independent roles, signaling a strategic shift in governance as Rikeen Dalal steps down as Whole-time Director and Sejal Rikeen Dalal resigns as Non-Executive Director.

The company notified BSE Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, citing SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The appointments were approved by the exchange following an initial intimation dated June 05, 2026.

New Appointments and Resignations

Aditya Himmat Bhansali (DIN: 03184474) joins as Additional Whole-time Director and Designated Director. Disha Singhvi (DIN: 11751597) is appointed as Additional Executive Director and Designated Director. Nagendraa Parakh (DIN: 10177336) takes office as Additional Non-Executive Independent Director and Non-Designated Director.

Committee Reconstitution

Consequent to these changes, the Board’s committees have been reconstituted effective August 05, 2026. Nagendraa Parakh chairs the Audit Committee, while Sougata Sengupta leads both the Nomination and Remuneration Committee and the Stakeholders Relationship Committee. Disha Singhvi chairs the Corporate Social Responsibility Committee.

The Audit Committee now includes Nagendraa Parakh as Chairperson, alongside Aditya Himmat Bhansali and Rakhi Sharma as members. The Nomination and Remuneration Committee comprises Sougata Sengupta as Chairperson, with Nagendraa Parakh and Rakhi Sharma as members. The Stakeholders Relationship Committee features Sougata Sengupta as Chairperson, supported by Disha Singhvi and Aditya Himmat Bhansali. Finally, the Corporate Social Responsibility Committee is chaired by Disha Singhvi, with Aditya Himmat Bhansali and Rakhi Sharma serving as members.

Mr. Aditya Himmat Bhansali has acquired a 72.70% stake in P. H. Capital Limited following the conclusion of an open offer. The acquirer obtained 21,81,201 equity shares at a price of ₹206.66 per share, representing the majority of the company's total voting capital of 30,00,100 shares. The transaction was executed pursuant to a share purchase agreement dated December 20, 2025, and an open offer detailed in a letter of offer dated May 08, 2026, which concluded on June 05, 2026. Following the acquisition, Mr. Bhansali has assumed the status of promoter of the company.

The open offer, managed by Choice Capital Advisors Private Limited, was open for tendering from May 19, 2026, to June 02, 2026. While the offer was made for up to 7,80,026 shares representing 26% of the share capital, the actual acceptance was significantly lower. The Post-Offer Advertisement dated June 08, 2026, confirmed that only one equity share was tendered and accepted through the open offer process. The remaining shares were acquired via the share purchase agreement.

Acquisition Details

The table below outlines the shareholding changes before and after the acquisition:

The total diluted share capital of the company remains unchanged at 30,00,100 equity shares. The shares acquired are fully paid-up equity shares with a face value of ₹10 each. The disclosure regarding the Post-Offer Advertisement was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, while the acquisition details were disclosed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.