HandsOn Global Management (HGM) Limited informed the NSE on September 17, 2026, that its Board of Directors held a meeting on the same date, with the outcome disclosed to the exchange at 07:41 IST. The announcement, however, does not detail any dividend declaration, fundraise, or specific corporate action, leaving investors without clarity on the board's key decisions from the session.
Dividend History: A 15-Year Silence
A review of HGM's dividend history on NSE reveals that the company, formerly known as HOV Services Limited, has not declared any dividend since May 2011. The last dividend on record was a final payout of ₹2 per equity share (20% on face value of ₹10 per share) for the financial year 2010-11, recommended at a board meeting on May 27, 2011, subject to shareholder approval at the Annual General Meeting.
- May 2011: Final dividend of ₹2 per share for FY2010-11, in addition to three interim dividends already paid that year
- July 2010: Interim dividend of ₹2 per share for Q1 FY2010-11, with a record date of August 21, 2010, and payment date of August 27, 2010
- May 2010: Final dividend of ₹2 per fully paid-up equity share for FY2009-10, subject to shareholder approval
The pattern from FY2010-11 shows the company was actively rewarding shareholders with both interim and final dividends. Since FY2011-12, no further dividend has been declared across a span of more than 15 years, marking a complete cessation of income distribution to equity holders.
Market Data Unavailable
As of the time of this report, no live quote or trade information is available for HGM on NSE. The absence of current price data means that a dividend yield calculation, 52-week range context, delivery percentage analysis, and price-to-earnings comparison with sector peers cannot be performed at this time. Investors are advised to check the NSE portal directly for real-time price and trade statistics for the symbol HGM (ISIN: INE596H01014).
Company Background
HandsOn Global Management Limited was previously listed and operated as HOV Services Limited, a business process management and outsourcing firm. The company rebranded under its current name and continues to be listed on the NSE. The transition from HOV Services to HGM reflects a shift in the company's operational focus and corporate identity over the past decade.
What Investors Should Note
The board meeting outcome as disclosed to the exchange contains no specific financial details that would materially impact shareholder returns in the near term. The prolonged absence of dividend payouts since 2011 indicates that the company has not been distributing profits to shareholders, a factor relevant to income-focused investors evaluating the stock. The full text of the board meeting outcome was submitted to the exchange as an attachment, and investors should refer to the official NSE filing for complete details of any resolutions passed on September 17, 2026.