PH Capital Ltd. announced that Mr. Mukesh Kumar Jain has ceased to the independent director of the company with effect from the close of business of hours on January 22, 2021 upon the completion of his term. Mr. Mukesh Kumar Jain was appointed as the Independent Director of the Company for second consecutive term on 11th November, 2019 for a period of one year which will expire on January 22, 2021.