On August 29, 2024, P H Capital Limited held a Board meeting to discuss and approve several key decisions, including the appointment of a new director and the schedule for the upcoming 51st Annual General Meeting (AGM).

Appointment of Mr. Sougata Sengupta:

The Board of Directors approved the appointment of Mr. Sougata Sengupta (DIN: 00614643) as an Additional Non-Executive Independent Director of the company. This appointment, recommended by the Nomination and Remuneration Committee, is effective from August 29, 2024, and Mr. Sengupta will hold office until the date of the next AGM. Additionally, the Board has recommended his appointment for a term of five years from August 29, 2024, to August 28, 2029. His tenure as an Independent Director will not be subject to retirement by rotation as per Section 149(13) of the Companies Act, 2013.

Brief Profile of Mr. Sougata Sengupta:

Mr. Sengupta brings over 25 years of diverse top management experience in corporate strategy, business development, M&A, and investment banking. His extensive background includes setting up businesses across various sectors, including an independent hospitality brand. His appointment is expected to add significant value to the company, leveraging his vast expertise in high-level management and strategic planning.

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AGM and E-voting Details:

The 51st AGM of P H Capital is scheduled to be held on Friday, September 27, 2024, at 12:00 Noon through Video Conferencing (VC)/Other Audio Visual Means (OAVM), in compliance with recent Ministry of Corporate Affairs and SEBI guidelines. The Register of Members will be closed from September 20, 2024, to September 27, 2024 (both days inclusive), to facilitate the AGM.

E-voting for the AGM will be available from Tuesday, September 24, 2024, starting at 9:00 A.M., and will conclude on Thursday, September 26, 2024, at 5:00 P.M.. These dates are crucial for shareholders wishing to participate in the AGM remotely and cast their votes electronically.

Conclusion:

The Board meeting, which commenced at 12:00 Noon and concluded at 12:30 P.M., covered important decisions regarding company governance and upcoming shareholder engagements. These developments reflect P H Capital's commitment to adhering to regulatory requirements and fostering transparent communication with its stakeholders.

For further details, the company has provided comprehensive disclosures regarding Mr. Sengupta’s appointment in compliance with SEBI regulations, ensuring full transparency and adherence to legal standards. The company has also confirmed that Mr. Sengupta is not related to any of the current directors and is not debarred from holding the office of director by any regulatory authority.

P H Capital Limited continues to focus on effective governance and shareholder engagement, aiming to drive growth and value for its stakeholders.

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