GTPL Hathway Ltd - GTPL HATHWAY Share Price

Summary

GTPL Hathway Limited is one of the leading and largest multi-system-operators (MSO) in India, with presence over 11 states, providing Digital Cable Television and Broadband services. The company also has 26 indigenous cable channels being run on its platform. The Cable TV services are catered through main state-of-the-art head-end set-up at Ahmedabad and 4 support headends with a network of approximately over 20,000 Kms of Optical Fibre Cable spread across India reaching to over 500+ cities and 8.7 Million households.During the financial year ended 31 March 2017, the company was converted into a public limited company pursuant to approval of the Board at their meeting held on August 23, 2016 and shareholders at an extraordinary general meeting held on August 26, 2016. Consequently, the name of the company was changed to GTPL Hathway Limited and a fresh certificate of incorporation consequent upon conversion to a public limited company was granted by the Registrar of Companies, Ahmedabad on September 28, 2016.The company and GTPL Broadband Private Limited, a wholly owned subsidiary of the company, entered into the slump sale agreement dated April 1, 2016 for transfer of broadband business of the company to GTPL Broadband Private Limited with effect from April 1, 2016. The company and Gujarat Television Private Limited entered into a slump sale agreement for acquisition of 7 general entertainment cable television channels by the company, with effect from September 1,... Read More