StockWatch
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TV Broadcasting & Software Production
Acquisitions13 Oct 2026, 07:30 pm

GTPL Hathway Acquires Remaining 74% of DL GTPL for ₹8.32 Crore

AI Summary

GTPL Hathway Ltd announced the approval of its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Additionally, the Board approved the acquisition of the remaining 74% equity shares in its subsidiary, DL GTPL Cabnet Private Limited, for a cash consideration of ₹8,32,50,000 (₹8.32 Crore). This acquisition will make DL GTPL a wholly-owned subsidiary, consolidating business operations. DL GTPL is engaged in cable television channel distribution.

Key Highlights

  • Board approved unaudited financial results for Q2 FY27.
  • Acquisition of remaining 74% stake in DL GTPL approved.
  • Acquisition cost is ₹8.32 Crore.
  • DL GTPL will become a wholly-owned subsidiary post-acquisition.
  • Transaction is on an arm's length basis.