Summary of Key Information:

Target Company: HandsOn Global Management (HGM) Limited

Stock Exchange Listings:

NSE Scrip Code: HGM

BSE Scrip Code: 532761

Nature of Transaction / Event: Reclassification of Persons from 'Promoter/Promoter Group' category to 'Public Shareholder' category

Date of Transaction: 18/09/2026 (Date of AGM approval)

Entities Reclassified:

  • Stern Capital Partners LLC - 694,246 shares
  • Surinder Rametra - 120,000 shares (0.95%)
  • Sun Investment Partners LLC - 0 shares

Total Shares Affected: 814,246 shares

% of Total Shareholding / Voting Capital Affected: 6.46%

Regulatory Basis: Regulation 31A(3) and 31A(8) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR 2015)

Approval Mechanism: Ordinary Resolution passed at 38th Annual General Meeting

Other Noteworthy Information:

  • Voting results and Scrutinizer's Report have been submitted to stock exchanges
  • This filing serves as compliance under Regulation 31A(8) of SEBI Listing Regulations, 2015
  • The reclassification applies to three specific entities within the promoter group

Analyst Notes:

This is a regulatory compliance filing regarding ownership structure reclassification approved by shareholders. The transaction involves formal movement of 6.46% stake from promoter to public category as per SEBI LODR requirements.