<h1>Mathew Cyriac Increases Stake in Hindustan Media Ventures Through Open Market Purchase</h1>
The holding of Mr. Mathew Cyriac and Elimath Advisors Private Limited increased in Hindustan Media Ventures Ltd after a share acquisition executed through the open market on July 24, 2026. The purchase contributed to the individuals' stake, raising their total combined holding to 8.58% of the company.
The transaction involved the acquisition of 15,20,637 shares. This purchase was executed by Mr. Mathew Cyriac (accounting for 71,406 shares or 0.10%) and Elimath Advisors Private Limited (acquiring 19,71,431 shares, representing 2.68%). The acquisition mode for the shares was stated as Open Market.
Prior to this transaction, Mr. Mathew Cyriac and Elimath Advisors Private Limited held 47,97,095 shares, corresponding to a 6.51% stake in the company's total diluted share/voting capital. Following the acquisition of additional shares, their combined holding increased to 63,17,732 shares, which translates to an 8.58% stake as of July 24, 2026.
The financial details and resulting shareholder structure are summarized below:
| Category | Before Acquisition Holding (Shares) | After Acquisition Holding (Shares) |
|---|---|---|
| Shares Carrying Voting Rights | 47,97,095 (6.51%) | 63,17,732 (8.58%) |
| Shares Acquired in Transaction | N/A | 15,20,637 (2.06% of total diluted capital) |
| Total Diluted Share/Voting Capital of the Company | 7,36,71,548 shares aggregating to Rs. 73,67,15,480/- | 7,36,71,548 shares aggregating to Rs. 73,67,15,480/- |
The company's equity share capital and total voting capital before the acquisition were both recorded as 7,36,71,548 equity shares of face value Rs. 10/-, aggregating to Rs. 73,67,15,480/-. Similarly, the post-acquisition equity share capital and total diluted share/voting capital remained at 7,36,71,548 equity shares of face value Rs. 10/, totaling Rs. 73,67,15,480/-.
HMVL Stock Price Movement
Hindustan Media Ventures Limited shares rallied on Friday, gaining 5.17% and settling at ₹93.40.The stock saw a traded volume of 102,542 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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