GTPL Hathway Acquires ACT Group Cable TV Business for ₹35.55 Crore
GTPL Hathway Limited has completed the acquisition of the Cable Television Business from seven ACT Group companies for a total cash consideration of ₹35.55 Crores. The deal, finalized on September 15, 2026, follows a prior disclosure and marks a strategic expansion.
The acquisition of a cable television business is a significant corporate action that could impact the company's market share and future revenue streams, hence a medium impact.
The acquisition of a business is generally a positive development for a company, indicating growth and expansion.
GTPL Hathway Limited announced the completion of its acquisition of the Cable Television Business from seven companies belonging to the ACT Group. The acquisition was finalized on September 15, 2026, with an aggregate cash consideration of ₹35.55 Crores, following necessary adjustments.
This development is a follow-up to the company's initial disclosure on June 23, 2026, regarding the same acquisition. The completion of this deal signifies a strategic expansion for GTPL Hathway in the cable television sector.
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GTPL Hathway Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by GTPL Hathway Limited. Read the original for the full detail.