Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Acquisition of Cable Television Business of various companies belonging to ACT Group.
M&A
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 23 Jun 2026, 02:48 PM IST · BSE ID: 5d728893-153e-4781-8c46-15e672520c39
View Original BSE Filing (PDF)
💡
In Simple Terms
GTPL Hathway bought the cable TV operations of seven ACT Group companies for Rs. 36.23 crore.
🤖 AI Summary
- GTPL Hathway Ltd acquired Cable Television Business of seven ACT Group companies for Rs. 36.23 crore.
- The acquisition covers cable television operations serving 6.00 lakh subscribers in four states.
- The target entities operate in Andhra Pradesh, Telangana, Orissa, and Karnataka.
- Total turnover of the acquired businesses for FY 2025-26 was Rs. 1642.99 million.
- The transaction is a slump sale on a going concern basis, completion by September 15, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Acquisition Consideration
Rs. 36.23 crore
Acquired Subscribers
6.00 lakh
Combined Turnover FY 2025-26
1642.99 million
Combined Turnover FY 2024-25
2013.93 million
Combined Turnover FY 2023-24
2043.08 million
🏢 How This Affects the Company
This acquisition expands GTPL Hathway's Cable Television Business, adding approximately 6.00 lakh subscribers across Andhra Pradesh, Telangana, Orissa, and Karnataka.
The acquisition involves a cash consideration of Rs. 36.23 crore, impacting the company's cash position. The acquired entities reported a combined turnover of Rs. 1642.99 million for FY 2025-26.
GTPL Hathway will integrate the cable television operations and subscriber base of the seven ACT Group companies, which are spread across multiple cities in four states.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this filing.
👤
Who Is Affected
Existing shareholders will see GTPL Hathway's business expand through the addition of 6.00 lakh Cable Television subscribers from the ACT Group acquisition.
🔍
Management Signal
This decision indicates management's intent to expand the company's Cable Television Business and market presence.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Completion of acquisition by September 15, 2026
Q2 FY27 results — monitor revenue contribution from acquired businesses
Future subscriber base reports — verify growth from acquired entities
MEDIUM RISK
The acquired businesses show declining turnovers in recent financial years, indicating potential integration or performance challenges.
💡 Investor Takeaway
GTPL Hathway Ltd is acquiring the Cable Television Business of seven ACT Group companies for an aggregate cash consideration of Rs. 36.23 crore. This adds approximately 6.00 lakh subscribers, but the acquired entities reported a combined turnover decline from Rs. 2024.33 million in FY 2023-24 to Rs. 1642.99 million in FY 2025-26.
⚖️ Strengths & Concerns
✅ Positives
- The acquisition expands GTPL Hathway's Cable Television Business by adding approximately 6.00 lakh subscribers.
- The acquired entities generated a combined turnover of Rs. 1642.99 million in FY 2025-26, contributing to business scale.
⚠️ Concerns
- The combined turnover of the acquired entities declined from Rs. 2024.33 million in FY 2023-24 to Rs. 1642.99 million in FY 2025-26.
- Individual turnovers of all seven acquired companies showed year-on-year declines across FY 2024-25 and FY 2025-26.
❓ Frequently Asked Questions
What is the acquisition cost for GTPL Hathway's purchase of ACT Group's Cable TV Business?
GTPL Hathway Ltd is acquiring the Cable Television Business of seven ACT Group companies for an aggregate cash consideration of Rs. 36.23 crore.
How many subscribers will GTPL Hathway gain from the ACT Group acquisition?
The acquired entities currently serve approximately 6.00 lakh Cable Television subscribers across Andhra Pradesh, Telangana, Orissa, and Karnataka.
What was the combined turnover of the acquired ACT Group companies in FY 2025-26?
The combined turnover of the seven ACT Group companies for FY 2025-26 was Rs. 1642.99 million.
When is the acquisition of ACT Group's Cable TV Business expected to be completed?
The acquisition of the Cable Television Business of ACT Group companies is expected to be completed by September 15, 2026.
Are there any governmental or regulatory approvals required for this acquisition?
The filing states that no governmental or regulatory approvals are required for this acquisition by GTPL Hathway Ltd.
Questions based on this BSE filing only. For information purposes.