Promoters of handson global management (hgm) have declared that they have not created any encumbrance on their equity shares, directly or indirectly, during the financial year ended March 31, 2026. The declaration was submitted to the stock exchanges on April 2, 2026, in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure provides assurance to shareholders regarding the unencumbered status of the promoter holdings for FY26.

The declarations were filed by three separate promoter groups. The first group included Parvinder S Chadha, Adesi 234 LLC, HOF2 LLC, and General Pacific LLC. The second group comprised Sunil Rajadhyaksha and Anil Rajadhyaksha. The third group consisted of Surinder Rametra and Stern C LLC. Each group confirmed the absence of any encumbrance on their respective shareholdings.

The communications were addressed to the Manager of the Listing Department at both the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited. The NSE symbol for the company is HGM, and the BSE Scrip Code is 532761. Copies of the declarations were also forwarded to the Audit Committee of HandsOn Global Management (HGM) Limited and HOV Services Limited.

Promoter Disclosures

The following table details the promoters and promoter groups who submitted the declarations:

The filings confirm that the equity shares held by these entities remain free of encumbrance for the specified financial year.

HandsOn Global Management (HGM) Limited reported a consolidated net loss of ₹304.77 lakh for the financial year ended March 31, 2026, a reversal from the net profit of ₹422.32 lakh recorded in the previous year. The company’s standalone performance remained profitable, with a net profit of ₹562.17 lakh for FY26, compared to ₹422.39 lakh in FY25. The financial results were audited by statutory auditor Lodha & Co LLP, which issued an unmodified opinion.

The consolidated results reflect the impact of strategic investments and foreign exchange fluctuations during the year. For the quarter ended March 31, 2026, the company reported a consolidated net loss of ₹215.20 lakh, whereas the standalone results for the same quarter showed a net profit of ₹152.12 lakh. Total consolidated income for the year stood at ₹6,295.51 lakh, while standalone total income was ₹6,021.80 lakh.

Consolidated Financial Performance

The group’s financials for FY26 were influenced by the acquisition of Healthcare Capital Holdings LLC and its subsidiary Aideo Technologies LLC. Goodwill of ₹1,697.06 lakh was recognized on acquisition, with no impairment identified at the end of the year. Additionally, the fair value of the investment in Exela Technologies, Inc. was considered as ₹Nil, with changes in fair value recognized in Other Comprehensive Income.

Standalone Financial Performance

On a standalone basis, the company saw growth in revenue and profitability. Revenue from operations for FY26 increased to ₹5,675.74 lakh from ₹2,246.83 lakh in the previous year. Profit before tax for the year stood at ₹744.89 lakh, up from ₹479.63 lakh in FY25.

Board Decisions

The Board of Directors, in its meeting held on May 30, 2026, approved the re-appointment of Ajay Puri as an Independent Director for a second term of five years commencing from September 22, 2026, subject to shareholder approval. The Board also approved the shifting of the registered office from the 3rd Floor to the 4th Floor of Sharda Arcade, Pune, effective July 1, 2026. Additionally, request letters were received from certain promoters for the reclassification of their shareholding to the “Public” category, subject to necessary approvals.