StockWatch
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Corporate Governance30 May 2026, 10:31 am

HGM re-appoints Ajay Puri as Independent Director

AI Summary

HandsOn Global Management (HGM) Ltd re-appointed Mr. Ajay Puri as an Independent Director for a second term of five years, commencing from September 22, 2026, to September 21, 2031, subject to shareholders' approval. The board also approved audited financial results for the quarter and year ended March 31, 2026, and considered the reclassification of certain promoters' shareholding to the 'Public' category. Additionally, the registered office is shifting to the 4th Floor, Sharda Arcade, Pune, effective July 1, 2026.

Key Highlights

  • Ajay Puri re-appointed as Independent Director for a 2nd five-year term.
  • Re-appointment is effective from September 22, 2026, subject to shareholder approval.
  • Board approved audited financial results for the year ended March 31, 2026.
  • Promoters seek reclassification to 'Public' category, pending exchange approval.
  • Registered office shifting to a new location within the same building from July 1, 2026.