HGM seeks exchange NOC to reclassify 6.46% promoter shares to public

HandsOn Global Management (HGM) Limited has submitted an application to the National Stock Exchange of India Limited and BSE Limited seeking no-objection certificates to reclassify specific promoter shareholdings to the public category. The company's board approved the reclassification of 814,246 equity shares, representing 6.46% of the paid-up share capital, during its meeting on May 30, 2026. This action follows requests from Stern Capital Partners LLC and Mr. Surinder Rametra to change their status from promoter to public shareholder under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board determined that the requests align with regulatory provisions and approved them subject to necessary approvals from the stock exchanges and the company's shareholders. While Sun Investment Partners LLC is listed among the applicants, the filing confirms it holds 0 shares. The company had previously intimated the exchanges regarding these requests on May 11, 2026.

The following table details the shareholding proposed for reclassification:

Sr. No.	Name of the shareholder	Category	No. of shares held	% of shares held
1	Stern Capital Partners LLC	Promoter	694,246	5.51%
2	Mr. Surinder Rametra	Promoter	120,000	0.95%
3	Sun Investment Partners LLC	Promoter	0	0%
	Total		814,246	6.46%

The final implementation of this reclassification remains contingent upon the receipt of no-objection certificates from the exchanges and the requisite approval from the shareholders. The intimation was signed by Bhuvanesh Sharma, VP-Corporate Affairs, Company Secretary & Compliance Officer.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.53%	-1.12%	-7.62%	-12.73%	-18.95%	+0.07%

HandsOn Global Management (HGM) Limited has announced that its board of directors will meet on Saturday, May 30, 2026. The primary agenda for the meeting includes the consideration of the company's audited financial results for the three-month period (Q4) ended March 31, 2026.

Agenda for the Meeting

The board will deliberate on several key matters during the session. The proceedings will focus on the financial performance of the company for the final quarter of the fiscal year and the full fiscal year ending March 31, 2026.

Specifically, the directors will consider:

Audited financial results for the quarter ended March 31, 2026.
Audited Standalone and Consolidated financial statements for the financial year ended March 31, 2026.
Re-classification requests received from certain Promoter(s) to move their shareholdings into the Public shareholders category.

Trading Window Closure

In compliance with regulatory norms, the company had previously informed the exchanges regarding the closure of the trading window. The window, which closed on April 1, 2026, will remain shut until 48 hours after the declaration of the financial results. Consequently, the trading window will continue to remain closed until June 1, 2026.