HT Media Limited has approved the issuance of warrants on a preferential basis to raise ₹95,29,99,956.09. The board approved the issuance of 3,87,87,137 warrants at an issue price of ₹24.57 each. Each warrant carries a right to subscribe to one fully paid-up equity share with a face value of ₹2. The move aims to alter the company's capital structure and is subject to shareholder approval.

Allotment Details

The preferential issue will be made to six proposed allottees, including promoter The Hindustan Times Ltd. The Hindustan Times Ltd will receive 1,34,31,013 warrants, while Tremis Consultancy LLP will receive 1,24,13,512 warrants. Other allottees include Kiran Vyapar Limited, Zafar Ahmadullah, Zapfin Technologies Private Limited, and Peance Commercial Private Limited.

Shareholding Pattern

Post-allotment, The Hindustan Times Ltd's shareholding will adjust to 17,52,08,103 shares, representing 64.52% of the total equity. Tremis Consultancy LLP will hold 4.57%, while Kiran Vyapar Limited, Zafar Ahmadullah, Zapfin Technologies Private Limited, and Peance Commercial Private Limited will hold 2.62%, 1.50%, 0.15%, and 0.49% respectively. These figures assume all warrants are exercised.

Tenure and Compliance

The tenure of the promoter warrants shall not exceed 18 months from the date of allotment. The tenure for non-promoter warrants allotted to Tremis Consultancy LLP, Kiran Vyapar Limited, Zafar Ahmadullah, Zapfin Technologies Private Limited, and Peance Commercial Private Limited shall not exceed 12 months. The issue price is determined as per the provisions of Chapter V of the ICDR Regulations, with July 8, 2026, as the relevant date.

EGM and Regulatory Approvals

The board has approved convening an extraordinary general meeting (EGM) on August 7, 2026, to seek member approval for the preferential issue. The issuance is subject to applicable statutory and regulatory approvals under the Companies Act, 2013, and SEBI regulations. The intimation was submitted to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI LODR Regulations.

HT Media Limited and its promoter Shamit Bhartia have confirmed that no encumbrance was created on the equity shares of the company during the financial year ended March 31, 2026. The disclosures were submitted to the Bombay Stock Exchange and National Stock Exchange to comply with SEBI regulations regarding shareholding for FY26. These filings ensure transparency regarding the status of charges or liens on the company's shares.

The declarations were made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. This regulation mandates the annual disclosure of any encumbrance on shareholdings by the company and its promoters.

Shamit Bhartia submitted his personal declaration on April 08, 2026, confirming he had not created any encumbrance, directly or indirectly, on the equity shares of HT Media Limited during the specified period. Separately, the company's communication addressed to the Audit Committee was dated April 06, 2026, and signed by Virendra Kumar Charoria, Director & Company Secretary, on behalf of The Hindustan Times Limited.