ITV

Tag: Hindustan Media Ventures Limited

  • Hindustan Media Ventures appoints Samudra Bhattacharya as new CEO and KMP

    Hindustan Media Ventures appoints Samudra Bhattacharya as new CEO and KMP

    MUMBAI: Hindustan Media Ventures Ltd has appointed Samudra Bhattacharya as the chief executive officer (CEO) and key managerial personnel (KMP) effective 1 November. Bhattacharya joined the company as COO print business in last July.

    Prior to joining HT Media, he was president of PepsiCo Joint Venture, and was based out of Manila, Philippines from March 2017 to mid-July 2019. Bhattacharya has worked across several roles and geographical locations for the last 24 years. The company updated Bombay Stock Exchange.

    After graduating from the Indian Institute of Management, he started his career with P&G in India, and after four years, joined Asian Paints in the Middle East where he served sales and marketing as well as general management roles for almost seven years.

    The previous CEO and key managerial personnel Rajeev Beotra vide his letter dated 31 October 2019, tendered his resignation as CEO to take on a new role within the company.

  • HVL receives NCLT nod for amalgamation of Grant Investrade

    HVL receives NCLT nod for amalgamation of Grant Investrade

    BENGALURU: Hindustan Ventures Ltd (HVL) has informed the bourses that it has received sanction from the National Company Law Tribunal (NCLT) for the scheme of amalgamation between its fully owned subsidiary and transferor company Grant Investrade Ltd (GIL) and itself (transferee company) w. e. f. 31 October 2017. HVL has said that on receipt of the certified copy of the order, it will proceed to file the necessary papers with the Registrar of Companies (RoC) to render the scheme effective. HVL further said that since GIL was its wholly owned subsidiary, no consideration would be paid, neither would any shares be issued.

    As reported by Indiantelevision.com earlier, the board of directors of HVL had approved the amalgamation scheme subject to approval from the National Company Law Tribunal. HVL has business interests in media, real estate and treasury while GIL is in the business of running channels on cable TV and treasury. Earlier, GIL housed the headend in the sky (HITS) business of HVL which has now been merged with the cable TV business under Indusind Media and Communications Limited (IMCL), which is also a subsidiary of the company.