Handson Global Management Executive Director Vikram Negi Resigns with Immediate Effect

1 min read     Updated on 10 Dec 2025, 09:45 PM
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Overview

Handson Global Management (HGM) Limited announced the immediate resignation of Executive Director Vikram Negi effective December 10, 2025. Negi cited competing professional priorities as the reason for stepping down from the Board. In his resignation letter, he expressed gratitude for his tenure and confidence in the company's future under continued leadership. The company has complied with all SEBI regulatory disclosure requirements by informing both NSE and BSE about this leadership change.

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Handson global management (hgm) Limited has announced the immediate resignation of Executive Director Vikram Negi, effective December 10, 2025. The company informed both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited about this significant leadership change in compliance with regulatory requirements.

Resignation Details

The resignation was formalized through a letter dated December 10, 2025, with Negi stepping down from his position with immediate effect. The company has provided comprehensive disclosure as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter Details
Executive Name Vikram Negi
Position Executive Director
Resignation Date December 10, 2025
Effective Date December 10, 2025
Reason Competing professional priorities

Reason for Departure

In his formal resignation letter addressed to the Board of Directors, Negi explained that his decision was driven by the need to tend to competing professional priorities. He acknowledged that this was not an easy decision and expressed his appreciation for the time spent serving alongside fellow board members.

Executive's Statement

Negi's resignation letter highlighted his pride in the accomplishments achieved during his tenure with the company. He expressed immense gratitude to each board member for their support, collaboration, and dedication over the years, describing his service on the board as a privilege.

The outgoing Executive Director also conveyed his confidence in Handson Global Management's future prospects under the continued leadership of the Board and the executive team. He extended his wishes for continued growth and success for the company and everyone associated with it in the years ahead.

Regulatory Compliance

The company has fulfilled all regulatory disclosure requirements by providing detailed information about the resignation to both stock exchanges. Negi confirmed that there are no other material reasons for his resignation beyond those mentioned in his resignation letter, ensuring complete transparency in the disclosure process.

Company Information

Handson Global Management (HGM) Limited, formerly known as HOV Services Limited, operates under CIN L72200PN1989PLC014448. The company is headquartered at 3rd Floor, Sharda Arcade, Pune Satara Road, Bibwewadi, Pune-411037, Maharashtra, India, and trades on NSE under the symbol HGM.

Historical Stock Returns for HandsOn Global Management (HGM)

1 Day5 Days1 Month6 Months1 Year5 Years
+1.83%-0.73%-3.56%-2.87%-7.42%+63.36%
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HandsOn Global Management Reports Strong Q2 Growth, Invests in AI-Powered Healthcare Solutions

2 min read     Updated on 14 Nov 2025, 10:19 AM
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Overview

HandsOn Global Management (HGM) Limited reported significant growth in Q2 FY2026. Standalone revenue increased by 231.9% to ₹1,852.94 crore, with profit after tax rising 150.5% to ₹199.60 crore. Consolidated revenue grew 239.4% to ₹1,895.09 crore, though consolidated profit after tax decreased by 37.7% to ₹49.54 crore. HGM invested ₹545.84 crore in Aideo Technologies LLC, focusing on AI-powered healthcare solutions. The board approved seeking shareholder approval for appointing Mrs. Bhavana Sharma as an Independent Director.

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HandsOn Global Management (HGM) Limited, formerly known as HOV Services Limited, has reported a robust financial performance for the second quarter ended September 30, 2025, alongside a strategic investment in AI-powered healthcare solutions.

Q2 Financial Highlights

HGM Limited showcased significant growth in its standalone financial results for Q2 FY2026:

Particulars (Standalone) Q2 FY2026 Q2 FY2025 YoY Growth
Revenue from Operations ₹1,852.94 ₹558.34 231.9%
Total Income ₹1,933.69 ₹606.39 218.9%
Profit Before Tax ₹265.53 ₹107.82 146.3%
Profit After Tax ₹199.60 ₹79.68 150.5%

The company's consolidated results also reflected strong performance:

Particulars (Consolidated) Q2 FY2026 Q2 FY2025 YoY Growth
Revenue from Operations ₹1,895.09 ₹558.34 239.4%
Total Income ₹1,976.58 ₹606.39 226.0%
Profit Before Tax ₹115.57 ₹107.79 7.2%
Profit After Tax ₹49.54 ₹79.54 -37.7%

Strategic Investment in AI-Powered Healthcare

HGM Limited has made a strategic investment of ₹545.84 crore in Aideo Technologies LLC, a company specializing in AI-powered autonomous coding solutions for healthcare. This investment aligns with HGM's focus on leveraging advanced technologies to enhance its service offerings in the healthcare sector.

Corporate Governance Update

The company's board has approved seeking shareholder approval for the appointment of Mrs. Bhavana Sharma as an Independent Director through a postal ballot. This move is aimed at strengthening the company's corporate governance structure.

Financial Performance Analysis

The financial results indicate a strong growth trajectory for HGM Limited, particularly in its standalone operations. Key observations include:

  • Standalone revenue from operations increased by 231.9% year-over-year.
  • Standalone profit after tax grew by 150.5% compared to the same quarter last year.
  • Consolidated revenue showed significant growth, but profit after tax declined by 37.7% year-over-year.

Strategic Direction

HGM's investment in AI-powered healthcare solutions suggests the company's commitment to innovation and expansion in high-growth technology sectors. This strategic move could potentially provide a competitive edge in the evolving healthcare technology landscape.

Conclusion

HandsOn Global Management's impressive year-over-year growth in standalone revenue and profitability, coupled with its strategic investment in AI technology, positions the company for potential continued growth. However, the disparity between standalone and consolidated profit figures may warrant further analysis.

Investors are advised to conduct their own research and consider market conditions when making investment decisions.

Historical Stock Returns for HandsOn Global Management (HGM)

1 Day5 Days1 Month6 Months1 Year5 Years
+1.83%-0.73%-3.56%-2.87%-7.42%+63.36%
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