NSEGeneral Updates23 Jun 2026 · 23 Jun 2026, 02:40 pm

General Updates

GTPL Hathway Limited · GTPL

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GTPL Hathway Limited has signed a Business Transfer Agreement to acquire the Cable Television Business of seven companies belonging to the ACT Group for a cash consideration of Rs. 36.23 crore. This strategic acquisition will add approximately 6.00 lakh cable television subscribers across Andhra Pradesh, Telangana, Orissa, and Karnataka, significantly expanding GTPL's market presence. The transaction is not a related party deal and requires no governmental approvals, with completion expected by September 15, 2026.

Analysis Scores

Earnings Impact7/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment8/10

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Full Announcement

Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 Acquisition of Cable Television Business of various companies belonging to ACT Group.

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GTPLHL_23062026143945_Disclosure_Reg_30_Acqusition_of_Cable_Television_Business_of_ACT_Group.pdf

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Ref. No.: GTPL/SE/2026 June 23, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Plot No. C/1, G Block, Mumbai 400 001 Bandra Kurla Complex, Bandra (East), Mumbai – 400051 Scrip Code: 540602 Trading Symbol: GTPL Dear Sir/Madam, Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Acquisition of Cable Television Business of various companies belonging to ACT Group Please note that the Company has, today i.e. June 23, 2026, at around 12:30 p.m., entered into a Business Transfer Agreement (“BTA”) with seven companies belonging to ACT Group, viz., (1) A.C.N Cable Private Limited, (2) ACT Digital Home Entertainment Private Limited, (3) Atria Broadband Services Private Limited, (4) Kable First India Private Limited, (5) Sri Venkateshwara Digital Home Entertainment Private Limited, (6) Mandapeta Digital Entertainment Private Limited and (7) I.B. Communications Network Private Limited, to acquire their Cable Television Business for an aggregate cash consideration of Rs. 36.23 crore, by way of slump sale on a going concern basis. The above entities are engaged in Cable Television business across multiple cities in the States of Andhra Pradesh, Telangana, Orissa and Karnataka and currently, serve approximately 6.00 lakh Cable Television subscribers. The details of the above-mentioned companies are as follows: Sr Name Date of Turnover Turnover Turnover No. incorporation for F.Y. for F.Y. for F.Y. 2025-26 2024-25 2023-24 (Rs. in (Rs. in (Rs. in million) million) million) 1. A.C.N Cable Private 17-03-2008 722.52 769.86 827.77 Limited 2. ACT Digital Home 07-07-2008 669.42 776.85 831.35 Entertainment Private Limited 3. Atria Broadband 26-07-2000 95.34 118.45 131.72 Services Private Limited Sr Name Date of Turnover Turnover Turnover No. incorporation for F.Y. for F.Y. for F.Y. 2025-26 2024-25 2023-24 (Rs. in (Rs. in (Rs. in million) million) million) 4. Kable First India 20-11-2006 35.76 102.23 111.26 Private Limited 5. Sri Venkateshwara 04-05-2010 37.93 40.29 44.39 Digital Home Entertainment Private Limited 6. Mandapeta Digital 29-04-2010 21.31 21.94 24.56 Entertainment Private Limited 7. I.B. Communications 02-07-2010 60.61 64.71 73.03 Network Private Limited The acquisition is part of the Company’s strategy to expand the Cable Television Business. The above transactions do not fall within the related party transactions and none of the Company’s promoter / promoter group / group companies have any interest in the above entities. No governmental or regulatory approvals are required for the above acquisition. The acquisition is expected to be completed by 15th September, 2026. You are requested to take the same on records. Thanking you, Yours faithfully, For GTPL Hathway Limited Shweta Sultania Company Secretary and Compliance Officer