NSEAcquisition8 Sept 2026 · 8 Sept 2026, 07:57 pm
Acquisition
Hindustan Media Ventures Limited · HMVL
✦ AI SummaryFundraise
Hindustan Media Ventures Limited has informed the Exchange about the acquisition of 16,02,011 equity shares amounting to Rs. 85 Crore pursuant to conversion of Optionally Convertible Debentures held by the Company in StockGro.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Hindustan Media Ventures Limited has informed the Exchange about Acquisition
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HMVL_08092026195725_HMVLdisclosure.pdf
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Corporate Office: 5thFloor, Lotus Tower, A- Block,
Community Centre, New Friends Colony,
New Delhi- 110025
Tel.: 011-66561234
E-mail : hmvlinvestor@livehindustan.com
Website: www.hmvl.in
CIN : L21090BR1918PLC000013
8th September, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor,
Dalal Street, Plot No. C-1, Block G,
Mumbai - 400 001 Bandra-Kurla Complex, Bandra (E),
Mumbai - 400 051
Scrip Code: 533217 Trading Symbol: HMVL
Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (SEBI LODR)
Dear Sir/ Madam,
Pursuant to intimation received from Assetgro Fintech Private Limited (StockGro) on 8th September, 2026 at
07:02 p.m., this is to inform you that the Company has been allotted 16,02,011 equity shares amounting to
Rs. 85 Crore pursuant to conversion of Optionally Convertible Debentures held by the Company in StockGro.
The relevant details in terms of SEBI LODR read with SEBI master circular no. HO/49/14/14(7)2025-
CFDPOD2/I/3762/2026 dated January 30, 2026, are enclosed herewith as Annexure.
This information is also being uploaded on the website of the Company i.e. www.hmvl.in
You are requested to take the same on record.
Thanking You,
Yours faithfully,
For Hindustan Media Ventures Limited
(Nikhil Sethi)
Company Secretary
Encl: as Above
Tel: 0612-2223434, 2223413
Corporate Office: 5thFloor, Lotus Tower, A- Block,
Community Centre, New Friends Colony,
New Delhi- 110025
Tel.: 011-66561234
E-mail : hmvlinvestor@livehindustan.com
Website: www.hmvl.in
CIN : L21090BR1918PLC000013
(Annexure)
Information as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
S.No Particulars Information
a) Name of the target entity, details in brief such as Target Entity
size, turnover etc. Assetgro Fintech Private Limited
(“StockGro”)
Last 3 years’ turnover of StockGro
FY26: Rs. 231.10 Crore
FY25: Rs. 125.51 Crore
FY24 : Rs. 99 Crore
b) Whether the acquisition would fall within related No
party transaction(s) and whether the
promoter/promoter group/ group companies have
any interest in the entity being acquired? If yes,
nature of interest and details thereof and whether
the same is done at “arm’s length”
c) Industry to which the entity being acquired Fintech
belongs
d) Objects and impact of acquisition (including but Investment made in the fast-growing target entity for the
not limited to, disclosure of reasons for acquisition purpose of capital return in future with an aim to leverage
of target entity, if its business is outside the main media assets owned by the Acquirer Company
line of business of the listed entity)
e) Brief details of any governmental or regulatory Not Applicable
approvals required for the acquisition
f) Indicative time period for completion of the Conversion of Optionally Convertible Debentures (OCDs)
acquisition into Equity shares (8th September, 2026)
g) Consideration – whether cash consideration or Conversion of OCDs into equity shares
share swap and details of the same
Tel: 0612-2223434, 2223413
Corporate Office: 5thFloor, Lotus Tower, A- Block,
Community Centre, New Friends Colony,
New Delhi- 110025
Tel.: 011-66561234
E-mail : hmvlinvestor@livehindustan.com
Website: www.hmvl.in
CIN : L21090BR1918PLC000013
h) Cost of acquisition and/or the price at which the Conversion of 8,708 OCDs into 16,02,011 equity shares
shares are acquired amounting to Rs. 85.00 Crore
i) Percentage of shareholding / control acquired and 2.48% of equity share capital of StockGro pursuant to
/ or number of shares acquired conversion of 8,708 OCDs.
j) brief background about the entity acquired in StockGro is India’s first platform to integrate investment
terms of products/line of business acquired, date advisory via expert (RA/RIAs) marketplace, knowledge
of incorporation, history of last 3 years turnover, dissemination, and social community-led interaction
country in which the acquired entity has presence between multiple registered advisors (RAs and RIAs) and
and any other significant information (in brief) users within a single ecosystem
For last 3 years’ turnover, please refer (a) above.
Tel: 0612-2223434, 2223413