Announced Wed, 19 Nov · 10:49 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mathew Cyriac

Ownership Changes View source PDF

HMVL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mathew Cyriac, along with PAC Elimath Advisors Pvt Ltd, disclosed changes in their shareholding in Hindustan Media Ventures under SEBI Takeover Regulations. On 17th November 2025 via open market trades, Mathew Cyriac individually bought 12,50,361 shares (1.70%) but sold 51,04,886 shares (6.93%), while Elimath Advisors bought 47,97,095 shares (6.51%). Net combined holding rose by 9,42,570 shares (+1.28%), moving from 5.23% to 6.51% of total equity (7.36 crore shares). The disclosure notes the change is less than 2% from the last filing and is primarily due to adding Elimath Advisors as a Person Acting in Concert.

Likely market impact

No major impact on shareholders — this is a portfolio reshuffle by a non-promoter investor, with their holding now consolidated under the PAC entity. The 6.51% stake remains well below regulatory takeover thresholds, so no open offer obligation is triggered.