Application made to the Stock Exchanges for seeking NOC under Regulation 31A.

HGM Limited has submitted applications to both BSE and NSE seeking No Objection Certificate for reclassifying three entities from Promoter to Public category. The entities are Stern Capital Partners LLC (holding 5.51% or 694,246 shares), Surinder Rametra (holding 0.95% or 120,000 shares), and Sun Investment Partners LLC (holding 0% or 0 shares). In total, 814,246 shares representing 6.46% of the company's share capital are seeking reclassification. This follows a board meeting held on May 30, 2026, where the requests from these persons were approved, subject to stock exchange approvals, shareholder approval, and other required consents under SEBI LODR Regulation 31A.