HGM Promoters Seek 6.46% Holding Reclassification

HGM Limited received requests from three promoters to reclassify their 6.46% combined holding from promoter to public category.
Stern Capital Partners holds 5.51% (694,246 shares) and Surinder Rametra holds 0.95% (120,000 shares), while Sun Investment holds zero shares.
All entities certified compliance with SEBI Regulation 31A conditions including no control, special rights, or board representation.
The company's board will consider the reclassification requests and next steps in due course.