Hathway Cable and Datacom has acquired balance 3.64% i.e. 5,488 equity shares of Hathway Kokan Crystal, Subsidiary of the Company for a cash consideration of Rs 54,880 on November 30, 2021 and pursuant to said acquisition Hathway Kokan Crystal has become a Wholly Owned Subsidiary of the Company.
Hathway Kokan Crystal was incorporated in India on May 16, 2008, having its presence in the State of Maharashtra. The aforesaid acquisition of equity shares is for ease of business operations which will further enable the Hathway group to widen the cable television business segment across the geographical areas and serving customer with an enriching experience.
Hathway Cable and Datacom is a Public Company domiciled in India and incorporated under the provisions of the Companies Act, 1956. The company is engaged in distribution of internet services through cable and has strategic stake in entities engaged in Cable Television business.
