Promoter Reclassification8 Jun 2026, 08:01 pm
PH Capital: Promoters Reclassified to Public Post Open Offer
AI Summary
PH Capital Ltd announced the completion of an open offer by Mr. Aditya Himmat Bhansali on June 05, 2026, wherein he acquired 7,80,026 equity shares. Following this, a list of 24 promoters and promoter group entities have been reclassified as 'public' shareholders. These entities collectively no longer hold any equity shares, do not exercise control, and have confirmed compliance with SEBI regulations regarding reclassification, including not holding more than 10% voting rights and not being represented on the Board for three years. The company also confirmed compliance with Minimum Public Shareholding norms.
Key Highlights
- Open offer completed by Aditya Himmat Bhansali, acquiring 7,80,026 shares.
- 24 promoter/promoter group entities reclassified to public.
- Reclassified entities no longer hold shares or control.
- Company confirms compliance with LODR and Minimum Public Shareholding.
Price Impact
More from PHCAP
More in Promoter Reclassification