Hindustan Media Ventures Limited — JV/Acquisition, 21-08-2025: Acquisition

HMVL is making a strategic move into the fast-growing Blockchain and NFT space with an investment of up to Rs 7.60 Cr in XCM Technologies Inc., which operates the 'Toyow' platform. Toyow is a marketplace for tokenized assets and offers 'Tokenization as a Service.' This investment aims to generate future capital returns and leverage HMVL's media assets, marking a clear diversification into new digital frontiers. The exact stake will be determined upon conversion of convertible instruments.