Nature of the Event

The Board of Directors of HT Media Limited held a meeting on 11th July, 2026, and approved the issuance of warrants via a preferential issue, as disclosed under Regulation 30 of the SEBI LODR.

Key Quantitative Figures

  • Number of warrants: 3,87,87,137 (Three Crores Eighty Seven Lakhs Eighty Seven Thousand One Hundred and Thirty Seven)
  • Issue price per warrant: INR 24.57 (Indian Rupees Twenty Four and Fifty Seven Paise only)
  • Aggregate cash consideration: INR 95,29,99,956.09 (Indian Rupees Ninety Five Crores Twenty Nine Lakhs Ninety Nine Thousand Nine Hundred Fifty Six and Nine Paise only)
  • Warrant allocations to allottees:
  • The Hindustan Times Ltd: 1,34,31,013 warrants (designated as Promoter Warrants)
  • Tremis Consultancy LLP: 1,24,13,512 warrants
  • Kiran Vyapar Limited: 71,22,507 warrants
  • Zafar Ahmadullah: 40,70,004 warrants
  • Zapfin Teknologies Private Limited: 4,07,000 warrants
  • Peanence Commercial Private Limited: 13,43,101 warrants

Parties Involved

  • Proposed allottees: The Hindustan Times Ltd, Tremis Consultancy LLP, Kiran Vyapar Limited, Zafar Ahmadullah, Zapfin Teknologies Private Limited, Peanence Commercial Private Limited

Purpose and Rationale

The preferential issue is for raising funds through the issuance of warrants, each carrying a right to subscribe to one fully paid-up equity share of face value INR 2 each, in accordance with the Companies Act, 2013, ICDR Regulations, and other applicable laws.

Financial and Capital Structure Impact

  • Post-issue shareholding, assuming full conversion of all warrants:
  • The Hindustan Times Ltd: pre-issue shareholding of 16,17,77,090 shares (69.50%) to post-issue 17,52,08,103 shares (64.52%)
  • Tremis Consultancy LLP: from Nil to 1,24,13,512 shares (4.57%)
  • Kiran Vyapar Limited: from Nil to 71,22,507 shares (2.62%)
  • Zafar Ahmadullah: from Nil to 40,70,004 shares (1.50%)
  • Zapfin Teknologies Private Limited: from Nil to 4,07,000 shares (0.15%)
  • Peanence Commercial Private Limited: from Nil to 13,43,101 shares (0.49%)
  • Tenure of warrants: Promoter Warrants (allotted to The Hindustan Times Ltd) shall not exceed 18 months, and Non-Promoter Warrants (allotted to other allottees) shall not exceed 12 months from the date of allotment.

Forward-Looking Statements and Approvals

  • The preferential issue is subject to approval by members of the company at the EGM on 7th August, 2026.
  • Subject to receipt of applicable statutory and regulatory approvals.
  • The draft notice of the EGM has been approved by the Board and will be submitted to stock exchanges in due course.

Additional Information

  • This information is being uploaded on the company's website at https://www.htmedia.in/.
  • The disclosure includes Annexure I with details as required under SEBI LODR and the master circular.