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