HandsOn Global Management (HGM) Limited — Important, 31-05-2026: Disclosure of material issue
31-05-2026 | 12:44 am
31-05-2026 | 12:44 am
Here's the summary for retail investors:
**HGM Ltd is seeking approval to reclassify certain shareholders from 'Promoter' to 'Public' category. This move involves approximately 6.46% of the company's total shares.**
**Issue:** The company has applied to the stock exchanges for reclassification of holdings from the promoter group to the public.
**Possible Impact:** This could lead to changes in the promoter shareholding structure, potentially affecting control dynamics.
**Company's Response/Mitigation:** HGM Ltd has submitted an application to BSE and NSE for this reclassification, pending their approval and shareholder consent.
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