HOV Services Limited has informed the Exchange regarding Notice of Postal Ballot
HGM · price
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HOV Services Limited (NSE: HOVS, BSE: 532761) has issued a Postal Ballot Notice dated June 30, 2025 to shareholders seeking approval for two special resolutions. The first resolution proposes changing the company's name from 'HOV Services Limited' to 'HandsOn Global Management (HGM) Limited', with corresponding amendments to its Memorandum and Articles of Association. The second resolution seeks to align the MOA with Table-A and AOA with Table-F of Schedule I of the Companies Act, 2013. The Board approved the name change on June 24, 2025, and the Registrar of Companies issued a name availability letter on June 25, 2025 (valid for 60 days). E-voting runs from July 3, 2025 (10:00 AM) to August 1, 2025 (5:00 PM), with results expected by August 3, 2025.
This is a cosmetic rebranding with no change in legal status, shareholding structure, or shareholder rights. Once approved, the company's stock symbol and branding on exchanges may change, but existing shares and investments remain unaffected. Investors should watch for the new trading symbol post-approval.