Handson Global Management (HGM) has informed that based on the recommendation of Audit Committee, the Board of the Company at their meeting held on today September 17, 2026 had considered and approved the subscription to 204,946 shares of common stock of XBP Global Holdings, Inc. (‘XBP Global’), NASDAQ listed (XBP), pursuant to the private placement announced by XBP Global, at US$ 2.83 per share. The Company, through HCI LLC, will hold 1.45% of XBP Global shares outstanding following the completion of the share issuance. The said investment transaction is non-material related party transaction under Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has been approved by the Audit Committee of the Company prior to the approval by the Board of Directors. The details required under Regulation 30 of the SEBI (LODR) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD-PoD2/CIR/P/0155 dated November 11, 2024, is enclosed in Annexure I. The Board meeting commenced at 7:15 AM IST and concluded at 7:30 AM IST.
The above information is a part of company’s filings submitted to BSE.
