Photon Capital Advisors Ltd — Important, 25-06-2026: Company Update

Photon Capital Advisors has undergone a significant leadership and governance overhaul. Several directors resigned, citing a recent change in company control and the need for a board aligned with the new promoter's vision. The company appointed Mr. Sreeram Reddy Vanga as Chairman & Managing Director, alongside four other new directors and a Company Secretary. Mr. Vanga holds 0.1482 Cr equity shares and 0.099 Cr warrants. Key board committees were also reconstituted. Concurrently, the existing statutory auditor resigned, stating the new management's preference for a different firm. A new auditor was appointed, with the Audit Committee confirming no issues were raised by the outgoing firm regarding management or financial reporting.