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Hathway Cable and Datacom Limited has acquired a 61.15% equity stake in its subsidiary, Hathway Cable MCN Nanded Private Limited, for an aggregate cash consideration of Rs. 11. This transaction consolidates the company’s business operations, making Hathway Nanded a wholly owned subsidiary. Hathway Nanded, operating in the Cable TV sector in Nanded, Maharashtra, reported a turnover of Rs. 558.44 Cr in FY 2023-24. This strategic move is aimed at enhancing operational efficiency and strengthening market presence. No regulatory approvals were needed for this acquisition.