Hindustan Media Ventures Limited has issued a corrigendum to its postal ballot notice dated January 27, 2026, following the appointment of new scrutinizers. The corrigendum, dated February 10, 2026, was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Background of the Corrigendum

The corrigendum was necessitated due to the unfortunate demise of Shri Sanket Jain, who was originally appointed as the scrutinizer for conducting the postal ballot and e-voting process. The original postal ballot notice was dispatched to company members via email on February 3, 2026, in compliance with the Companies Act, 2013 and applicable regulations.

New Scrutinizer Appointments

The Board of Directors, in their meeting held on February 10, 2026, appointed new scrutinizers to replace the deceased scrutinizer. The appointment details are as follows:

Modifications to Postal Ballot Notice

The corrigendum specifically amends Notes 6 and 7 of the original postal ballot notice. Note 6 now reflects the appointment of the new scrutinizers from D.S. Associates, while Note 7 provides updated contact information for corporate and institutional members who need to submit their board resolutions and authority letters.

E-Voting Timeline and Process

The e-voting process remains active with the following schedule:

Compliance and Documentation

The corrigendum has been filed with both BSE Limited (Scrip Code: 533217) and National Stock Exchange of India Limited (Trading Symbol: HMVL). The document is being uploaded on the company's website at www.hmvl.in and on NSDL's e-voting platform at www.evoting.nsdl.com .

Corporate and institutional members are required to send scanned certified copies of their board resolutions and authority letters to the new scrutinizer's email address, with copies marked to NSDL's e-voting department. All other contents of the original postal ballot notice remain unchanged, and the corrigendum forms an integral part of the notice already circulated to members.

Hindustan Media Ventures Limited has released its Q3 FY26 earnings call transcript while simultaneously seeking shareholder approval for the appointment of Shri Sameer Singh as Managing Director. The company demonstrated stable operational performance during the quarter with positive momentum in its core print segment.

Q3 FY26 Financial Performance

The company's print business showed resilient performance with sequential gains led by advertising revenue uptick and steady circulation base. The print segment reported healthy margin expansion during the quarter.

Segment-wise Performance Analysis

The English print segment demonstrated strong performance with advertising revenue of Rs. 179.00 crores, showing 16% sequential growth despite festive calendar shifts. Circulation revenue remained steady sequentially with 8% year-on-year growth.

Hindi print segment experienced marginal decline of 4% year-on-year in advertising, primarily due to high base effects. Circulation revenue of Rs. 38.00 crores held steady for the Hindi segment.

Managing Director Appointment Process

Concurrently, the company has issued a postal ballot notice dated February 3, 2026, seeking shareholder approval for appointing Shri Sameer Singh as Managing Director. Singh, currently serving as Chief Executive Officer and Group CEO of HT Media Limited, will be appointed for a five-year term starting March 1, 2026.

The proposed remuneration structure includes basic salary of Rs. 243.00 lakhs annually with ceiling limit of Rs. 316.00 lakhs, housing allowance up to Rs. 121.00 lakhs with Rs. 158.00 lakhs ceiling, and special allowance of Rs. 44.00 lakhs with Rs. 59.00 lakhs ceiling.

Management Commentary and Outlook

During the earnings call, management highlighted consistent operational progress characterized by stable topline performance and steady growth in overall profitability. The core print segment continues demonstrating resilience with growth on both annual and sequential basis, driven by strong advertising performance in English language titles.

Management noted that pricing improvements and disciplined cost management contributed to margin expansion. Newsprint costs remained lower than previous year, supporting profitability improvements. The company maintained tight control over discretionary spending including marketing and administrative expenses.

Digital Business Growth

The digital segment delivered strong performance with operating revenue of Rs. 67.00 crores, representing 30% year-on-year growth and 9% sequential improvement. While the segment reported losses of Rs. 23.00 crores, margins showed significant improvement both sequentially and annually, validating the company's digital-first strategy.