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HandsOn Global Management Approves ₹5.50 Crore Loan To XBP Asia


3 September 2026
HandsOn Global Management (HGM) Ltd.

Board approved a ₹5.50 Cr, 90-day loan to related party XBP Asia IT Solutions at 10% annual interest for short-term funding. Introduces a new related-party funding exposure, extending the group’s captive-party dependency beyond operating contracts. Repayment within 90 days and use of funds remain key risks; Audit Committee approved the transaction, classified as non-material under SEBI rules.


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