HT Media’s board has given in-principle approval for selling stake in its subsidiary, Hindustan Media Ventures, by way of offer for sale of shares by promoter through the stock exchange mechanism, so that the latter could achieve minimum 25% public shareholding as per SEBI’s public share holding norms.
HT Media is engaged in print media, electronic media and also conducts several marketing events. The group's Hindi newspaper ‘Hindustan’ ranks as the third largest-read daily in the country. The company has various online properties like HindustanTimes.com, Shine.com, LiveMint.com and DesiMartini.com.
