Hathway Cable & Datacom Limited — JV/Acquisition, 13-04-2026: Acquisition
13-04-2026 | 07:18 pm
13-04-2026 | 07:18 pm
Hathway Cable & Datacom has acquired the remaining 49% stake in its subsidiary, Hathway Channel 5 Cable and Datacom Private Limited, for ₹40,000. This move makes Channel 5, a New Delhi-based cable TV business, a wholly owned subsidiary, aligning with Hathway's strategy for business operations consolidation. Channel 5 reported nil turnover for the last three financial years. This acquisition primarily aims to streamline operations and fully integrate the entity, with minimal immediate financial impact.
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