Management Change5 Jun 2026, 10:41 pm
PH Capital: Open Offer Complete, Management Change
AI Summary
PH Capital Ltd announced the successful completion of an open offer by Mr. Aditya Himmat Bhansali, leading to a change in control and management. Consequently, several promoters are seeking re-classification, and Mr. Bhansali is now classified as a promoter. The company also announced several key appointments, including Mr. Bhansali as CFO and Additional Whole-time Director, Ms. Disha Singhvi as Additional Executive Director, Mr. Nagendraa Parakh as Additional Non-Executive Independent Director, Mr. Rahul Sharma as CEO, and Mr. Umesh Madanlal Prajapati as Compliance Officer for the broking division. These changes are effective from June 2026, subject to regulatory approvals.
Key Highlights
- Open offer successfully completed, resulting in change of control.
- Mr. Aditya Himmat Bhansali appointed CFO and Additional Whole-time Director.
- Several promoters seeking re-classification post open offer.
- New CEO and Compliance Officer appointed for broking division.
- Appointments subject to requisite regulatory approvals.