Disclosure under SEBI Takeover Regulations

Hindustan Media Ventures Limited has announced a disclosure from its promoter, HT Media Limited, under SEBI Takeover Regulations 31(4) and 31(5). HT Media Limited has formally declared that it has **not created any encumbrance**, directly or indirectly, on its shares in Hindustan Media Ventures Limited. This means the promoter's shareholding is free from any pledges, liens, or other charges. For investors, this signifies that the promoter's stake is not being used as collateral for debt, often viewed as a positive indicator of the promoter's financial health and stability, as well as their commitment to the company.