Mr. Aditya Himmat Bhansali makes a mandatory open offer to acquire up to 7,80,026 equity shares (26.00%) of P.H. Capital Ltd. at ₹206.66 per share, triggered by a Share Purchase Agreement for a 72.70% stake.
The offer, managed by Choice Capital and Bigshare Services, opens on May 19, 2026, and closes on June 02, 2026, with a maximum consideration of ₹16.12 crore, funded by the acquirer's own resources.
The acquisition, which includes a change of control for the stockbroking company, received prior BSE and SEBI approval on May 08, 2026, and is not conditional on minimum acceptance.
Post-offer, the acquirer's holding could reach 98.70%, necessitating steps to maintain the minimum public shareholding as required by SEBI LODR Regulations and SCRR.