
PH Capital: Open Offer Completed, Management Reclassified
PH Capital Ltd announced the successful completion of an open offer made by Mr. Aditya Himmat Bhansali for the acquisition of 7,80,086 equity shares. Following this, several promoters are seeking re-classification, and Mr. Bhansali is now classified as a Promoter. The company also announced key management changes, including the appointment of Mr. Aditya Himmat 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.
Key Highlights
- Open offer for 7,80,086 shares successfully completed.
- Several promoters seeking re-classification post open offer.
- Aditya Himmat Bhansali appointed as CFO and Additional Director.
- New CEO, Additional Executive Director, and Independent Director appointed.
- Significant change in company's promoter and management structure.
Price Impact
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