Hindustan Media Ventures to Invest Rs. 9.34 Crore in KSKT Agromart Private Limited

Hindustan Media Ventures Ltd. has entered into an agreement on 20th March, 2026 to invest up to Rs. 9.34 Crore in KSKT Agromart Private Limited. The investment will be made by subscribing to the equity shares/ convertible equity linked instruments (compulsory convertible preference shares) of KSKT. KSKT Agromart Private Limited, incorporated in Mumbai, India, operates the platform 'Kaze Living', a marketplace delivering healthier food alternatives. The last three years' turnover of KSKT is as follows: FY 2024-25: Rs. 12.99 Crore, FY 2023-24: Rs. 5.45 Crore, and FY 2022-23: Rs. 1.17 Crore. The investment is being made for the purpose of capital return in the future, aiming to leverage the Company's media assets. The percentage of shareholding/control to be acquired will be determined at the time of conversion of the convertible equity linked instrument.