P H Capital Ltd has announced the resignation of Chief Financial Officer Mr. Samir Desai, effective from the close of business hours on January 29, 2026. The resignation was submitted due to personal commitments, marking a significant change in the company's key management personnel.

Resignation Details

The company informed BSE Limited through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Desai tendered his resignation from the post of Chief Financial Officer and Key Managerial Personnel, which the company has accepted.

Regulatory Implications

With his resignation, Mr. Desai will cease to be a Key Managerial Personnel authorized for determining materiality of events or information and making disclosures to stock exchanges under Regulation 30 of the Listing Regulations. This change takes effect from the close of business hours on January 29, 2026.

The company has confirmed that there are no other material reasons for the resignation beyond the stated personal commitments. This disclosure was made in compliance with SEBI Master Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated November 11, 2024.

Company's Response

P H Capital Ltd has expressed sincere appreciation to Mr. Samir Desai for his valuable contributions and dedicated service during his tenure as Chief Financial Officer. The announcement was signed by Chairman & Whole-time Director Rikeen Dalal, who digitally signed the communication on January 29, 2026.

The resignation letter submitted by Mr. Desai expressed gratitude to the Board of Directors and management team for their support during his tenure, while extending wishes for the company's continued success and prosperity.

P.H. Capital Ltd announced its unaudited financial results for the third quarter ended December 31, 2025, showing a significant decline in performance compared to the previous year. The company, engaged in trading shares and securities, reported a net loss during the quarter under review.

Financial Performance Overview

The company's financial performance for Q3FY26 showed a marked deterioration compared to the same period last year. The results highlight challenges in the company's core trading operations during the quarter.

Revenue and Operational Details

The company's total income from operations declined substantially to ₹155.44 lacs in Q3FY26 from ₹7,462.32 lacs in Q3FY25. Other income contributed ₹63.53 lacs during the quarter, bringing total income to ₹218.98 lacs. The significant reduction in operational revenue reflects challenges in the company's trading activities during the period.

Total expenses for the quarter amounted to ₹384.25 lacs, resulting in a loss before tax of ₹165.28 lacs. After accounting for tax benefits of ₹38.79 lacs, the company reported a net loss of ₹126.49 lacs for the quarter.

Nine-Month Performance

Despite the quarterly loss, P.H. Capital maintained profitability for the nine-month period ended December 31, 2025, though at reduced levels compared to the previous year.

Corporate Governance and Compliance

The unaudited financial results were reviewed by the company's statutory auditors, M/s. S.P Jain & Associates, Chartered Accountants. The results received approval from the Audit Committee and were subsequently approved by the Board of Directors at their meeting held on January 27, 2026. The Board meeting commenced at 12:00 Noon and concluded at 12:30 P.M.

The company's paid-up equity share capital remained unchanged at ₹300.01 lacs, with shares having a face value of ₹10 each. The results were prepared in accordance with Indian Accounting Standards (Ind AS) and comply with SEBI regulations for listed companies.