Photon Capital Advisors: Promoter Group Reclassified to Public Category

Photon Capital Advisors Ltd has announced the reclassification of its existing Promoter and Promoter Group to the 'Public Category' following an open offer. This change, effective June 25, 2026, is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The reclassification follows a Share Purchase Agreement executed on January 20, 2026, with Mr. Sreeram Reddy Vanga, who has acquired control of the company. The board composition has also been altered to reflect this change. Key members of the former promoter group, including Sobha Rani Nanduri and Vennela Nandury, now hold minority stakes and do not hold key managerial positions or directorships.