
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.
Price Impact
More from GTPL