Key Quantitative Figures

  • HMVL has been allotted 3,927 equity shares in RD Retail India Private Limited.
  • The total value of the allotment is ₹32.5 crore.
  • The transaction involved the conversion of 3,250 warrants held by HMVL.
  • The acquisition gives HMVL a ~3.8% stake in the equity share capital of RD Retail.
  • RD Retail's turnover for the last three financial years is disclosed as:
  • FY25: ₹77.28 Crore
  • FY24: ₹59.04 Crore
  • FY23: ₹68.19 Crore

Dates of Action

  • The intimation from RD Retail was received by HMVL on 10th August, 2026, at 01:56 p.m.
  • The disclosure letter to the exchanges is dated 10th August, 2026.
  • The Company Secretary, Nikhil Sethi, digitally signed the disclosure on 2026.08.10 at 18:05:24 IST.

Parties Involved

  • Acquirer Company: Hindustan Media Ventures Limited (HMVL) | Scrip Code: 533217 | CIN: L21090BR1918PLC000013
  • Target Entity: RD Retail India Private Limited (RD Retail)
  • Regulatory Authorities: National Stock Exchange of India Limited (NSE), BSE Limited
  • Company Official: Nikhil Sethi, Company Secretary of HMVL

Purpose and Rationale

The stated object of the acquisition is an "Investment made in the fast-growing target entity for the purpose of capital return in future with an aim to leverage media assets owned by the Acquirer Company."

Transaction Details

  • Industry of Target: FMCG
  • Consideration Type: Cash
  • Related Party Transaction: No. The promoter/promoter group/group companies have no interest in RD Retail.
  • Government Approvals: Not Applicable
  • Transaction Completion: The acquisition is complete via the conversion of warrants into equity shares.

Background on RD Retail India Private Limited

RD Retail is a private limited company incorporated in 2012 with its headquarters in Delhi. It is described as a leading B2B marketplace retailing leading FMCG products to retailers across Delhi NCR.

Financial and Capital Structure Impact

The transaction represents an exercise of an existing investment (warrants) rather than a new cash outflow. HMVL's investment asset composition changes from warrants to equity shares. The disclosure does not provide HMVL's pre or post-investment share capital figures.