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Hathway Cable & Datacom sells entire 51% equity stake in Hathway Prime

09 Sep 2024 Evaluate

Hathway Cable & Datacom has sold entire 51% equity stake (i.e., 2,29,500 equity shares) in Hathway Prime Cable & Datacom (Hathway Prime), a subsidiary of the Company. Consequently, Hathway Prime has ceased to be a subsidiary of the Company effective from September 09,2024. 

Hathway Prime is a non-operating company and its contribution to the consolidated turnover and networth of the Company for the FY2023-24 was NIL.

Hathway Cable & Datacom is engaged in distribution of internet services through cable and has strategic stake in entities engaged in Cable Television business.

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Company Name CMP
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