Acquisitions15 Sept 2026, 05:00 pm
GTPL Hathway Completes ACT Group Cable Business Acquisition for ₹35.55 Cr
AI Summary
GTPL Hathway Ltd has announced the successful completion of its acquisition of the Cable Television Business from seven companies within the ACT Group. The transaction was finalized for an aggregate cash consideration of Rs. 35.55 Crores, after accounting for necessary adjustments. This move is a strategic step for GTPL Hathway, expanding its operational footprint and market presence in the cable television sector. The acquisition follows a previous disclosure made on June 23, 2026.
Key Highlights
- Acquisition of ACT Group's cable TV business completed.
- Aggregate cash consideration stands at Rs. 35.55 Crores.
- Transaction marks a strategic expansion for GTPL Hathway.
- Deal follows previous disclosure dated June 23, 2026.
Price Impact
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