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HandsOn Global Management (HGM) Limited

5 articles
A shift in shareholding structure is underway at HandsOn Global Management (HGM) Limited, as three promoters representing 6.46% of the company's shares have sought reclassification to the public category, a move requiring regulatory and shareholder approval. This action, involving Stern Capital Partners, Surinder Rametra, and Sun Investment Partners, signals a potential transition in ownership control and could impact corporate governance dynamics. Simultaneously, the board approved HGM’s FY26 financial results, which revealed a consolidated net loss of ₹305 lakh despite a standalone net profit of ₹141 lakh, attributable to subsidiary performance and the recent acquisition of Aideo Technologies LLC. The reappointment of Independent Director Ajay Puri and a minor registered office relocation complete recent board actions.