Kotak Mahindra Bank has informed BSE about the acquisition of 17,50,000 equity shares at Rs 10 each aggregating Rs 1.75 crore being 2.38 per cent of the paid-up capital of Hindustan Media Ventures Limited(HMVL).
HMVL is the publisher of Hindustan, one of India's leading Hindi language dailies.
Hindustan has 4 editions and 113 sub editions across the Hindi belt.
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