NSEGeneral Updates23 Jun 2026 · 23 Jun 2026, 02:40 pm
General Updates
GTPL Hathway Limited · GTPL
✦ AI Summary▲ PositiveM&A
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
Full Announcement
Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 Acquisition of Cable Television Business of various companies belonging to ACT Group.