HandsOn Global Management (HGM) Limited, formerly known as HOV Services Limited, has successfully concluded the postal ballot process for the appointment of Mrs. Bhavana Sharma as Independent Director. The resolution received overwhelming shareholder support with 99.99% approval on December 18, 2025.

Official Postal Ballot Results

The company announced the completion of its postal ballot process under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting results demonstrate strong shareholder confidence in the board appointment:

Board Appointment Confirmed

Mrs. Bhavana Sharma's appointment as Additional Director in the capacity of Non-Executive Independent Director is now effective from October 15, 2025, for a five-year term extending up to October 14, 2030. The appointment, which was subject to shareholder approval through the postal ballot process, has been successfully ratified through the special resolution.

Scrutinizer Report and Compliance

CS Jayesh Mansukhbhai Parmar, Company Secretary in Practice and Partner of Prajot Tungare Associates, served as the appointed Scrutinizer for conducting the e-voting process. The remote e-voting facility was provided by KFin Technologies Limited, with the voting period commencing on November 19, 2025, at 10:00 AM IST and concluding on December 18, 2025, at 05:00 PM IST.

Professional Background and Qualifications

Mrs. Sharma brings extensive experience to her new role with over 25 years of comprehensive experience across multiple sectors, with a focus on IT. Her expertise includes Organizational Management, particularly in People Practices and HR, along with specialized skills in strategic HR functions, workforce retention, and automation. She holds an Executive MBA in HR, certifications in Business Analytics, and leadership development credentials from XLRI.

Committee Restructuring

Following the confirmed appointment, HGM Limited has reconstituted two key committees:

Audit Committee

Nomination & Remuneration Committee

The successful completion of this postal ballot process and the overwhelming shareholder support demonstrate HGM Limited's commitment to maintaining strong corporate governance standards and board diversity.

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.

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.