Choice Capital Advisors Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Corrigendum to the Detailed Public Statement and Draft Letter of Offer for the attention of Public ....
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Choice Capital Advisors, acting as manager to the open offer, has submitted a corrigendum to BSE on behalf of Mr. Aditya Himmat Bhansali (Acquirer). The open offer is being made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011, for substantial acquisition of equity shares and control. The offer targets up to 7,80,026 fully paid-up equity shares of face value ₹10 each, representing 26.00% of the paid-up equity share capital of PH Capital Limited (BSE Scrip Code: 500143) on a fully diluted basis as of the 10th working day from closure of the tendering period. The corrigendum follows the earlier Detailed Public Statement and Draft Letter of Offer, with copies also published in Financial Express, Jansatta and Mumbai Lakshadeep newspapers.
The open offer at 26% stake indicates the acquirer is seeking control of PH Capital. The corrigendum corrects or updates the original offer documents. Shareholders of PH Capital will have an opportunity to tender their shares during the prescribed period.