PH Capital Ltd — Important, 08-06-2026: Company Update

June 08, 2026

To,

BSE Limited

Phiroze Jeejeebhoy Towers,

Dalal Street,

Mumbai: - 400001

Security code: - 500143 ISIN: - INE160F01013

Subject: Intimation of re-classification of Promoters pursuant to the Open Offer under

SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in

accordance with Regulation 31A(10)(ii) of the SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015

Ref: Letter of Offer by Mr. Aditya Himmat Bhansali for the acquisition of 7,80,026

fully paid equity shares of PH Capital Limited in accordance with SEBI

(Substantial Acquisition of Shares and Takeover) Regulations, 2011

Dear Sir/Madam,

In accordance with Regulation 31A(10)(ii) of the SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015 (hereinafter referred to as “LODR Regulations”), we wish

to inform you that Mr. Aditya Himmat Bhansali (hereinafter referred to as “Acquirer”) has

completed the open offer, in accordance with SEBI (Substantial Acquisition of Shares and

Takeover) Regulations, 2011, on June 05, 2026. Thereafter, he has also successfully acquired

7,80,026 equity shares of the Company.

In accordance with the conditions stipulated under Regulation 31A(10)(ii) of LODR

Regulations, we hereby submit the following disclosures: -

1. The intent of the re-classification of Promoters was disclosed in the Letter of Offer made

on May 08, 2026. The relevant extract of the Letter of Offer is reiterated as under:

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“The Sellers shall cease to be the Promoters of Target Company and relinquish the management

control of the Target Company in favour of the Acquirer subject to receipt of necessary

approvals required in terms of SEBI Stockbroker Regulations...... Further, upon completion of

the Open Offer, the Sellers (i.e., the existing promoters) shall be re-classified from ‘Promoters

or Promoter group’ to ‘public’, in accordance with applicable laws.”

Details of the Promoters and promoters’ group being re-classified as public are

hereunder:

Sr. No. Names Category

1 Sejal Rikeen Dalal Promoter Group

2 Tej Pradip Dalal Promoter

3 Rikeen Pradip Dalal – HUF Promoter Group

4 Sujalbhai Vikrambhai Palkhiwala Promoter Group

5 Rikeen Pradip Dalal Promoter

6 Mandira Purohit Promoter Group

7 Ronil Rikeen Dalal Promoter Group

8 Rayan Rikeen Dalal Promoter Group

9 Varshaben Vikrambhai Palkhiwala Promoter Group

10 Saurinbhai Vikrambhai Palkhiwala Promoter Group

11 Sonaliben Saurinbhai Palkhiwala Promoter Group

12 Mohini Seth Promoter Group

13 Kisan Pradhan Promoter Group

14 Ruby Multimedia Private Limited Promoter Group

15 Krishna Trust Promoter Group

16 Tirupati Trust Promoter Group

17 Style Art Private Limited Promoter Group

18 Ficom Advisory LLP Promoter Group

19 Namo Communication LLP Promoter Group

20 Le Lux Renard Clothing LLP Promoter Group

21 Prestige Reality LLP Promoter Group

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22 Greenpaper Clothing LLP Promoter Group

23 Hazey Jane Records LLP Promoter Group

24 Hazey Jane Productions LLP Promoter Group

Pursuant to the completion of the open offer, the aforesaid promoters and promoter group

do not hold any equity shares of the Company.

2. In accordance with Regulation 31A(3)(b) of LODR Regulations, after the completion of the

open offer, the aforesaid promoters and promoter group seeking reclassification confirm

that:

(i) together, they do not hold more than ten percent of the total voting rights in the

Company;

(ii) they do not exercise direct or indirect control over the affairs of the Company;

(iii) they do not have any special rights with respect in the Company through formal or

informal arrangements including through any shareholder agreements;

(iv) they shall not be represented on the Board of Directors of the Company (including as

nominee directors) and shall not act as Key Managerial Personnel of the Company for

a period of three years from the date of re-classification;

(v) they are not “wilful defaulter” as per the Reserve Bank of India Guidelines; and

(vi) they are not fugitive economic offenders.

3. Further, we hereby confirm and undertake the following in terms of Regulation 31A(3)(c)

of LODR Regulations:

(i) The Company is in compliance with the requirement for Minimum Public

Shareholding as specified under Regulation 38 of the LODR Regulations.

(ii) The equity shares of the Company are not suspended from trading by the Stock

Exchange.

(iii) The Company does not have any outstanding dues payable to SEBI, the Stock

Exchange, or the Depositories.

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Accordingly, this intimation is made in compliance with Regulation 31A(10)(ii) of the LODR

Regulations. Further pursuant to the completion of the Open Offer by the Acquirer, the

aforesaid promoters and promoter group shall be re-classified into “public” shareholders’

category in accordance with Regulation 31A(10)(ii) of the LODR Regulations, with immediate

effect.

We request to take the above on record.

Thanking you,

Yours Faithfully,

For PH Capital Limited

Simran Agarwal

Company Secretary and Compliance Officer

Membership No. A68667

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