BSECompany Update6d ago · 24 Jul 2026, 05:02 pm
Enclosed No Objection Letters received from the Exchanges approving the Company''s application for Promoter Re-classification.
HandsOn Global Management (HGM)Ltd · 532761
✦ AI SummaryPromoter Reclassif.
HandsOn Global Management (HGM) Ltd has received no objection letters from BSE and NSE for the reclassification of promoters Stern Capital Partners LLC, Surinder Rametra, and Sun Investment Partners LLC from the promoter category to the public category under Regulation 31A of the SEBI LODR Regulations.
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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern6/10
Regulatory Risk4/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10
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HandsOn Global Management (HGM)Ltd - 532761 - No Objection Letter From The Exchanges
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July 24, 2026
To To
National Stock Exchange of India Limited Bombay Stock Exchange Limited
Exchange Plaza, Bandra Kurla Complex Floor 25, P. J. Tower, Dalal Street
Bandra (East), Mumbai-400 051 Mumbai -400 001
NSE symbol: HGM BSE Scrip Code: 532761
Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 - Receipt of No Objection Letters from BSE Limited and National Stock Exchange of India
Limited for Reclassification of Promoter/s Category to the Public Category under Regulation 31A of the
SEBI (LODR) Regulations, 2015
Dear Sir/Madam,
This is to inform that the Company today, on July 24, 2026 has received No Objection Letters ("NOLs") from
BSE Limited and National Stock Exchange of India Limited approving the Company's application for
reclassification of below mentioned Promoter/s from the "Promoter" category to the "Public" category
under Regulation 31A of the SEBI LODR Regulations.
Sr. No. Name of the shareholder Category No of shares held % of shares held
1 Stern Capital Partners LLC Promoter 694,246 5.51%
2 Surinder Rametra Promoter 120,000 0.95%
3 Sun Investment Partners LLC Promoter 0 0%
Total 814,246 6.46%
The details of respective NOLs are i) “BSE No Objection Letter No. LIST/COMP/SJ/151/2026-27 dated July
24, 2026” and ii) “NSE No Objection Letter No. NSE/LIST/COMP/HGM/605/2026-2027”
The proposed reclassification of the above cited, from the Promoter Category to the Public Category shall
be subject to the approval of the shareholders of the Company in accordance with Regulation 31A of the
SEBI LODR Regulations and shall become effective only upon obtaining such approval and completion of all
other applicable statutory and regulatory formalities. The Company shall make further disclosures upon the
reclassification becoming effective post obtaining shareholders' approval.
Kindly take the above information on record.
Your’s faithfully,
For HandsOn Global Management (HGM) Limited
Bhuvanesh Sharma
VP-Corporate Affairs, Company Secretary &
Compliance Officer
Enclosures:
No Objection Letter issued by BSE Limited & National Stock Exchange of India Limited.
HandsOn Global Management (HGM) Limited
(formerly known as HOV Services Limited)
CIN: L72200PN1989PLC014448
Regd. Office: 4th Floor, Sharda Arcade, Pune Satara Road, Bibwewadi Pune - 411 037, Maharashtra, India
Tel: +91-20 24221460 | Website: www.hgmlimited.com | Email: ir@hgmlimited.com
Ref:NSE/LIST/COMP/HGM/605/2026-2027 Date: July 24, 2026
The Company Secretary
HandsOn Global Management (HGM) Limited Listed Entity')
4th Floor, Sharda Arcade, Pune Satara Road,
Bibwewadi, Pune Maharashtra -411037
Subject: No-objectionletterfor Reclassification of Promoter(s)/PromoterGroup(s)under Regulation 31A
of SEBI(ListingObligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam,
This isin reference to your application dated May 30, 2026, requestinga No-objection letter fortheReclassification
of Promoter(s) under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015.
Based on the submission made by the Listed Entity, the Exchange grants No-objection letter fortheReclassification
applicationdated May 30, 2026,for thefollowing Promoter(s)in accordance withRegulation 31A of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015.
Sr. No. Promoter(s)seeking Reclassification
1. Surinder Rametra
2. Stern Capital Partners LLC
3. Sun Investment Partners LLC
You are required to ensure compliance with subsequent relevant disclosures of material events related to this
reclassification,in accordance with the applicable provisions ofRegulation 31A ofSEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015.
Yours faithfully,
forNational Stock Exchange of India Limited
Apeksha Raichura
Senior Manager Listing Compliance
CC: National Securities Depository Limited Central Depository Services Limited
301, G-Block, Plot No. C-32, Naman Chambers, Marathon Futurex, A-Wing,
3rd Floor, Bandra Kurla Complex, Bandra East, 25th floor, NM Joshi Marg,
Mumbai, Maharashtra, 400051 Lower Parel, Mumbai -400 073