Hindustan Media Ventures Limited — JV/Acquisition, 28-05-2026: Acquisition

Hindustan Media Ventures (HMVL) is acquiring an initial stake of up to 7% in Assetvault Limited (AasaanWill) for ~Rs. 21.66 Cr. AasaanWill provides online will-writing and succession planning services for Indians globally. This strategic investment aims to leverage HMVL's media assets for future growth and capital returns by diversifying into legal services. The final percentage stake is linked to AasaanWill's future valuation, with the deal expected to conclude by August 2026. This marks a move for HMVL to explore new revenue streams.