Executive Director Vikram Negi resigns from HGM effective Dec 10

Key managerial personnel resignedManagement Changes View source PDF Explain this filing

HGM · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.4%Reaction day

₹64.10

prior close

₹68.94

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+1.0% vs market

IT Enabled Services peers, median of 70sector+0.1%+1.3% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 1.3 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

-2.8

15m

-6.6

30m

-6.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4+0.4+1.0+0.1+1.3

Next day

+0.6+0.7-0.1+0.6+0.0

+12.5+1.2+11.3+0.8+11.7

+14.7+0.6+14.1+0.1+14.6

+8.7-0.3+9.1-0.5+9.2

+10.6-0.7+11.3-0.9+11.5

+9.3+2.0+7.3+0.5+8.7

15d

+6.7+2.7+4.0-0.1+6.8

-3.4-2.3-1.1-5.0+1.6

-1.1+0.6-1.7-3.8+2.7

-16.4-8.3-8.1-15.7-0.7

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 70Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mr. Vikram Negi has stepped down as Executive Director of HandsOn Global Management (HGM) Limited, effective December 10, 2025. He cited competing professional priorities as the reason and confirmed there are no other material reasons. The Pune-based company, formerly known as HOV Services Limited, has informed both NSE and BSE about the resignation under SEBI LODR regulations.

Likely market impact

Loss of a key managerial person may create short-term leadership uncertainty, but no governance red flags were raised by the outgoing director.