Kamath Technology LLP Discloses Substantial Acquisition in Photon Capital Advisors Limited

Kamath Technology LLP has submitted a disclosure to BSE Limited regarding a substantial acquisition of shares in Photon Capital Advisors Limited. The filing, made in compliance with Regulation 29(1) and 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details the transaction that occurred on May 05, 2026. The acquirer, Nikhil Kamath, serving as the Designated Partner, confirmed the acquisition through an official letter addressed to the Corporate Relations Department of BSE Limited.

Details of the Acquisition

The acquisition involved the purchase of 2,10,000 equity shares carrying voting rights, which accounts for 7.72% of the total share capital and 4.46% of the total diluted share capital of Photon Capital Advisors Limited. Prior to this transaction, the acquirer held no shares or voting rights in the target company. The shares were acquired via preferential allotment.

Financial Breakdown

The following table summarizes the acquisition details and the resulting shareholding structure:

Description Number % of Total Share Capital % of Total Diluted Share Capital Before Acquisition Shares carrying voting rights Nil Nil Nil Encumbered shares Nil Nil Nil Voting rights otherwise than by shares Nil Nil Nil Warrants/convertible securities Nil Nil Nil Total Before Acquisition Nil Nil Nil Acquisition Details Shares carrying voting rights acquired 2,10,000 7.72 4.46 Warrants/convertible securities acquired 2,25,000 NA 4.78 Total Acquisition 4,35,000 7.72 9.24 After Acquisition Shares carrying voting rights 2,10,000 7.72 4.46 Encumbered shares Nil Nil Nil Voting rights otherwise than by shares Nil Nil Nil Warrants/convertible securities 2,25,000 NA 4.78 Total After Acquisition 4,35,000 7.72 9.24

Capital Structure Changes

The acquisition has altered the equity share capital structure of Photon Capital Advisors Limited. Before the acquisition, the equity share capital stood at Rs. 1,51,36,940, divided into 15,13,694 equity shares of Rs.10 each. Following the transaction, the equity share capital increased to Rs. 2,72,06,940, divided into 27,20,694 equity shares of Rs.10 each. The total diluted share and voting capital post-acquisition is reported as Rs. 4,71,06,940, divided into 47,10,694 equity shares of Rs.10 each.

The disclosure confirms that Kamath Technology LLP does not belong to the promoter or promoter group of the target company. The shares of Photon Capital Advisors Limited are listed on BSE Limited under the scrip code 509084.

Photon Capital Advisors Limited has formally announced the resignation of Ms. Shruti Bajranglal Agarwal from her position as Company Secretary & Compliance Officer. The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting the company's adherence to regulatory disclosure requirements.

Resignation Details

Ms. Agarwal submitted her resignation letter on April 01, 2026, citing professional opportunities and other pre-occupations as the primary reasons for her departure. Her resignation becomes effective from the close of business hours on April 30, 2026.

Parameter: Details Officer Name: Ms. Shruti Bajranglal Agarwal Position: Company Secretary & Compliance Officer Membership No.: A58362 Resignation Date: April 01, 2026 Effective Date: April 30, 2026 Reason: Professional opportunities and other pre-occupations

Company's Response

Photon Capital Advisors Limited has placed on record its appreciation for the valuable services rendered by Ms. Agarwal during her tenure. The company acknowledged her contributions as Company Secretary & Compliance Officer in the official communication to BSE Limited.

Regulatory Compliance

The resignation announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided comprehensive details as required under SEBI LODR regulations, including the reason for change, effective date of cessation, and other mandatory disclosures.

Regulatory Requirement: Company Response Reason for Change: Resignation due to professional opportunities Date of Cessation: Close of business hours on April 30, 2026 Brief Profile: Not Applicable Director Relationships: Not Applicable

The announcement was signed by Sobharani Nandury, Wholetime Director (DIN: 00567002), and includes the original resignation letter as an attachment to ensure complete transparency in the disclosure process.

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