HGM Promoters Seek Re-classification of Shareholding Status to Public Category
HandsOn Global Management (HGM) Limited has received formal requests from its key promoters seeking to change their reported shareholding status from the Promoter category to the Public shareholder category. The requests concern shares held by Stern Capital Partners LLC, Surinder Rametra, and Sun Investment Partners LLC.According to the submissions dated May 11, 2026, the combined holding of the three entities totals 814,246 shares, representing 6.46% of the total shareholding in the company.
The details of the promoter shareholding requested for re-classification are as follows:
| Shareholder Name | Current Category | Shares Held | Percentage of Shares Held |
|---|---|---|---|
| Stern Capital Partners LLC | Promoter | 694,246 | 5.51% |
| Surinder Rametra | Promoter | 120,000 | 0.95% |
| Sun Investment Partners LLC | Promoter | 0 | 0% |
| Total | 814,246 | 6.46% |
In the communications, the promoters confirmed that they are abiding by the necessary requirements for such a change in status. The Company noted that these requests confirmed satisfaction of all the conditions required for re-classification to the public shareholder category.
The Company stated that the requests for re-classification will be considered by the Board of Directors of HandsOn Global Management (HGM) Limited in due course of time.
HGM Stock Price Movement
As of 1:43 PM, shares of HandsOn Global Management (HGM) are shedding 0.26% in live trading, currently positioned at ₹61.26. The stock is tracking a decline of ₹0.16, with 1,995 shares contributing to today's trading volume.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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