Please find attached intimation under Regulation 30 of Listing Regulation in connection with Resignation of Independent Director of the Company.
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Mr. Prashant Chaturvedi (DIN: 06688824) has resigned as Non-Executive Independent Director of PH Capital Ltd, effective close of business hours on August 18, 2025, citing preoccupation and personal commitments. He also stepped down from the Audit Committee, Nomination and Remuneration Committee, and CSR Committee. The company has reconstituted these committees with existing board members — Mr. Sougata Sengupta now chairs both the Audit and Nomination & Remuneration Committees, while Mrs. Sejal Rikeen Dalal chairs the CSR Committee. Mr. Chaturvedi confirmed he holds no directorship in any other listed entity and there are no other material reasons for his resignation. The company stated that all committees continue to comply with applicable regulatory requirements.
This is a routine board change driven by personal reasons with no governance concerns flagged. For shareholders, the impact is minimal as the committees remain functional and compliant, though the board loses one independent director which slightly reduces independent oversight. Watch for any new independent director appointment to fill the vacancy.