Hindustan Media Ventures Ltd. Invests Up to ₹9.34 Crore in KSKT Agromart Private Limited
Hindustan Media Ventures Limited announced on March 20, 2026, that it has entered into an agreement to invest up to ₹9.34 crore in KSKT Agromart Private Limited by subscribing to equity shares or convertible equity linked instruments.KSKT Agromart Private Limited, incorporated in Mumbai, operates the ‘Kaze Living’ marketplace, which delivers healthier food alternatives. The company’s turnover for the past three fiscal years has been as follows:
| Fiscal Year | Turnover (₹ Crore) |
|---|---|
| 2024-25 | 12.99 |
| 2023-24 | 5.45 |
| 2022-23 | 1.17 |
The investment is being made with the objective of capital return and to leverage media assets owned by Hindustan Media Ventures Limited. The acquisition does not constitute a related party transaction. Governmental or regulatory approvals are not required for this investment. The indicative completion timeline is April 2026.
The percentage of shareholding or control acquired will be determined upon the conversion of the convertible equity linked instruments. The acquisition will be completed via cash consideration. KSKT Agromart Private Limited was incorporated on October 16, 2020.
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