GTPL Hathway Pushes DL GTPL Cabinet 74% Stake Deadline to November 30, 2026

GTPL Hathway has extended the deadline for acquiring the balance 74% equity shares of DL GTPL Cabinet Private Limited to November 30, 2026, adding 30 days by mutual agreement. The company disclosed the revision in a filing dated October 31, 2026, ScanX reported.

GTPL Hathway's 74% DL GTPL Cabinet Purchase

The extension follows a previous letter dated October 13, 2026 concerning the same transaction. All other terms and conditions of the acquisition agreement remain unchanged, and the disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. No financial impact or changes to the deal structure were reported in the disclosure.

GTPL Hathway is India's largest digital cable TV multi-system operator and a leading private broadband provider, serving 9.6 million cable TV and 1.06 million broadband subscribers through its HITS satellite platform, local cable operator network and enterprise solutions. The company was founded in 2006 and is headquartered in Ahmedabad.

GTPL Hathway's Earlier ACT Group Cable Purchase

According to akta.pro company records, GTPL Hathway acquired seven ACT Group digital cable TV entities for ₹36.23 crore through a slump sale on a going concern basis in June 2026, adding about 600,000 subscribers across Andhra Pradesh, Telangana, Karnataka and Odisha. The same records list 9.60 million active digital cable TV subscribers as of Q1 FY27 and 1.06 million broadband subscribers, with broadband revenue rising 5% year over year to ₹142.5 crore.

GTPL Hathway's Run-Up to the Extension

On October 23, 2026, GTPL Hathway began publishing TV viewership data from more than 10,000 set-top boxes covering 3,000 PIN codes and over 200 towns, The Times of India reported. On October 13, 2026, CNBC TV18 reported that the company posted a Q2 FY27 net loss of ₹0.93 crore, compared with a ₹9.21 crore profit a year earlier, as revenue rose 19.19% to ₹1,143.05 crore. On September 8, 2026, The Times of India reported that GTPL Hathway's FY26 revenue of Rs 3,746 crore overtook Tata Play's Rs 3,530 crore.

Gurjeev Singh Kapoor Vote Closes November 30

A postal ballot on appointing Gurjeev Singh Kapoor as a Non-Executive Director runs from November 1 to November 30, 2026, with results to be announced on or before December 2, 2026, ScanX reported.