Hindustan Media Ventures has converted its Optionally Convertible Debentures into 16,02,011 equity shares of Assetgro Fintech Private Limited (StockGro), securing a 2.48% stake for a deal size of ₹85 Cr.

The strategic rationale focuses on driving future capital returns while leveraging the company's robust media assets to tap into StockGro’s fast-growing fintech ecosystem, which integrates expert investment advisory and community-led user interactions.

This debt-to-equity conversion deepens financial exposure to a high-growth digital platform, aligning with plans to monetize proprietary media reach.