Hathway Cable & Datacom Acquires Remaining Stake in Hathway Channel 5, Consolidating Operations
Hathway Cable & Datacom Ltd. announced the acquisition of the remaining equity stake in its subsidiary, Hathway Channel 5 Cable and Datacom Private Limited. The transaction, which took place on April 13, 2026, was executed for the consolidation of business operations.Through this acquisition, Hathway Cable & Datacom purchased the balance 49% equity stake, comprising 2,39,235 equity shares, from existing shareholders of Hathway Channel 5 Cable and Datacom Private Limited. The aggregate consideration for this acquisition was ₹ 40,000 (Rupees Forty Thousand only). Following the purchase, Channel 5 became a wholly owned subsidiary of Hathway Cable & Datacom.
Channel 5 is a company incorporated in India on November 5, 1996, and operates within the Cable TV business, maintaining a presence in New Delhi. The acquisition was confirmed to be a transaction unrelated to any party within the Company’s promoter or promoter group.
As per reported data, the turnover for Channel 5 across the last three fiscal years was Nil.
The financial turnover data for Hathway Channel 5 Cable and Datacom Private Limited is detailed below:
| Fiscal Year | Turnover |
|---|---|
| FY2025-26 | Nil |
| FY2024-25 | Nil |
| FY2023-24 | Nil |
HATHWAY Stock Price Movement
Hathway Cable & Datacom Limited shares today slipped by 0.62% to settle at ₹11.27. The equity finished the trading session on a significant volume of 4.76 million shares.Source:
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