HandsOn Global Management (HGM) Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results of electronic postal ballot concluded on March 20, 2026 for seeking shareholders' approval for material related party transactions, and are dully approved.
HGM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 25.2 pts more than Nifty Microcap 250 and 25.3 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.
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HandsOn Global Management (formerly HOV Services) has announced the results of its postal ballot concluded on March 20, 2026, with shareholders approving four material related party transactions. The resolutions cover deals worth a combined approximately US$ 15.95 Million: Aideo Technologies LLC (a wholly owned subsidiary) with HealthAxis Group LLC for US$ 8.70 Million (99.96% in favor), the company with XBP Europe Limited for US$ 6 Million (92.16% in favor), the company with SourceHOV LLC for US$ 1 Million (92.16% in favor), and the company with HOVG LLC for US$ 0.25 Million (92.16% in favor). Promoters did not participate in voting on any of these resolutions as they were deemed interested. Total votes polled represented about 10.41% of outstanding shares.
Shareholders have cleared the way for the company to proceed with these related party deals, removing a regulatory hurdle. The overwhelming approval (over 92% in favor on all resolutions) signals broad investor support, though the relatively low voting turnout (~10.4%) means the results largely reflect public non-institutional shareholders' views.