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Hindustan Media Ventures > Company History > Media & Entertainment > Company History of Hindustan Media Ventures - BSE: 533217, NSE: HMVL
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Hindustan Media Ventures

BSE: 533217|NSE: HMVL|ISIN: INE871K01015|SECTOR: Media & Entertainment
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Company History - Hindustan Media Ventures
Our Company was incorporated on July 9, 1918 under the erstwhile
 Indian Companies Act, 1913 as a public limited company under the name
 =The Behar Journals Limited and received the certificate of
 commencement of business on January 14, 1919. On November 17, 1987
 the name of our Company was changed to =Searchlight Publishing House
 Limited in order to capitalize on the name earned by its publication
 =Searchlight which had become synonymous with the Companys
 activities for over 67 years. Subsequently, the name of our Company
 was changed to its present name =Hindustan Media Ventures Limited to
 reflect the expanded business activities intended to be undertaken by
 the Company and the fresh certificate of incorporation to this effect
 was issued on November 11, 2008.
 
 Acquisition of the Hindi business
 
 Our Company acquired the Acquired Business from our Promoter HT Media
 pursuant to a Business Purchase Agreement dated November 16, 2009.
 
 Major events
 
 Year                                                         Event
 
 1918                         Incorporation of our Company as =The
 Behar Journals Limited by individuals
 
                                  including Dr. Rajendra Prasad, Mr.
 Sachidannand Sinha and Mr. Syed Hassan
                                  
                                  Imam, who were the founder Directors
 of our Company.
 
 1919                         Commencement of business of our
 Company.
 
                                  Commissioning of printing press at
 Patna.
 
                                  Commencement of printing and
 publishing of English newspaper, =Searchlight.
 
 1947                        Commencement of printing and publication
 of Hindi daily =Pradeep at Patna.
 
 1986                        Commencement of printing of Hindi daily
 =Hindustan and the English daily
                                 =Hindustan Times on behalf of =The
 Hindustan Times Limited at Patna.
 
                         Termination of printing and publication of
 the Hindi daily =Pradeep and the
                                 English daily =Searchlight .
 
 1987                        Name of the Company changed to
 =Searchlight Publishing House Limited, in
                                order to capitalize on the name earned
 by its publication =Searchlight.
 
 2000                       Commencement of printing of Hindi daily
 =Hindustan and English daily
                                =Hindustan Times from Ranchi
 location, in terms of a printing agreement with the
                                holding company and publisher of the
 said publications =The Hindustan Times
                                Limited
 
 2008                      Name of the Company changed to =Hindustan
 Media Ventures Limited, so as to
                                reflect the expanded business
 activities of our Company.
 
 2009                    Acquisition of =Hindi business from HT Media
 comprising of Hindi daily
                             newspaper, =Hindustan including
 =Ravivasriya Hindustan; magazines =Nandan
                            and =Kadambini; and internet portals of
 the said publications, including all assets,
                            liabilities and employees pertaining to
 the said Hindi business.
 
 -Company has changed its name from Searchlight Publishing House Ltd.
 to Hindustan Media Ventures Ltd.                                     
         
                                          
 2010
 
 - The Company came out with an Initial Public Offering (IPO) of
 shares, aggregating Rs. 270 Cr., and got listed on BSE & NSE.
 
 - Hind.Media - Launch of Hindi daily newspaper Hindustan, at
 Gorakhpur.
 
 
 2011
 
 - The Company has launched the weekly Hindustan Jobs in the state of
 Uttar Pradesh, Uttarakhand, Bihar and Jharkhand.
 
 - The Company have commenced printing of Hindi daily newspaper,
 namely, Hindustan in Aligarh, which was till now, being served by a
 nearby Print location.
 
 
 2012
 
 - The Company has launched the Hindi daily newspaper, namely,
 Hindustan in Moradabad.
 
 2013
 - Board recommended a Dividend @ Rs. 1.20/- per equity share (12%) of
 Rs. 10/- each.
 
 2014
 - Board recommended a Dividend @ Rs. 1.20 per equity share (12%) of
 Rs. 10/- each.
 - HMVL acquired Hindi Business.
 
 
 
 
Source : Dion Global Solutions Limited
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