HandsOn Global Management (HGM) Limited successfully concluded its postal ballot process on March 20, 2026, with shareholders approving four material related party transactions totaling US$ 15.95 million. The company submitted the voting results and scrutinizer report to both BSE and NSE, fulfilling regulatory requirements under SEBI regulations.

Regulatory Submission Details

The company formally communicated the postal ballot results to stock exchanges through official letters addressed to BSE (Scrip Code: 532761) and NSE (Symbol: HGM). VP-Corporate Affairs, Company Secretary & Compliance Officer Bhuvanesh Sharma signed the submission letters, which included detailed e-voting results and the scrutinizer report dated March 20, 2026.

Postal Ballot Overview

The e-voting process commenced on February 19, 2026, at 10:00 a.m. and concluded on March 20, 2026, at 5:00 p.m. Out of 9,338 total shareholders on record date (February 13, 2026), the voting saw participation of 1,310,837 votes representing 10.41% of the company's total outstanding shares of 12,594,972.

Resolution Results

All four ordinary resolutions seeking approval for material related party transactions were passed with varying degrees of support from public non-institutional shareholders, as promoters did not participate in the voting process.

Resolution 1: Aideo Technologies-HealthAxis Group Transaction

The transaction between Aideo Technologies LLC (wholly owned subsidiary) and HealthAxis Group LLC worth US$ 8.70 million received overwhelming support:

Resolutions 2-4: Other Material Transactions

The remaining three resolutions showed consistent voting patterns with 92.16% approval each:

Scrutinizer Report and Compliance

CS Jayesh Mansukh Parmar of Prajot Tungare & Associates served as the scrutinizer for the postal ballot process. The scrutinizer report confirmed that the voting was conducted in accordance with Section 110 of the Companies Act, 2013, and SEBI Listing Regulations. The company utilized KFinTech Technologies Limited's remote e-voting platform for the voting process.

Voting Participation Details

The voting was exclusively conducted through e-voting, with no participation through poll or traditional postal ballot methods. Notably, promoter and promoter group shareholders holding 6,349,829 shares did not participate in the voting process, while public institutional shareholders had zero holdings.

The successful approval of these material related party transactions enables HandsOn Global Management to proceed with the planned business arrangements across its subsidiary and associated entities, supporting the company's operational and strategic objectives.

HandsOn Global Management (HGM) Limited has announced the appointment of Mr. Kesavan Nair Padmanabhan as an Additional Director in the category of Non-Executive Independent Director. The appointment was approved by the company's Board of Directors through circulation on March 7, 2026, following recommendations from the Nomination and Remuneration Committee.

Appointment Details

The new directorship carries specific terms and conditions that align with regulatory requirements:

Professional Background

Mr. Nair brings extensive industry expertise to the HandsOn Global Management board. He is a seasoned Oil & Gas industry professional with over 40 years of business experience, having successfully built a highly reputable multi-million dollar enterprise from a start-up. His motivation for success continues to be building an extensive executive network with the purpose of connecting the latest proven technology in various sectors with industry majors such as Saudi Aramco and others to generate real business efficiency and value.

Additional Qualifications

Beyond his Oil & Gas expertise, Mr. Nair has demonstrated versatility across multiple sectors. He has helped many businesses in the Health & Technology sectors to raise capital through his extensive network, showcasing his ability to leverage connections for business growth and development.

Regulatory Compliance

The appointment fulfills all regulatory requirements under SEBI regulations:

The disclosure was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The appointment strengthens the company's board composition with independent oversight and brings valuable industry experience to guide strategic decisions.