GTPL Hathway to buy remaining 74% in DL GTPL for Rs. 8.33 crore
As filed · GTPL Hathway Limited has informed the Exchange about approval of acquisition of balance 74% equity stake of DL GTPL Cabnet Private Limited as per the details enclosed.
What happened
FactGTPL Hathway approved the acquisition of the remaining 74% stake in subsidiary DL GTPL Cabnet Private Limited, comprising 88,800 shares, for cash consideration of Rs. 937.50 per share. The transaction, intended to consolidate business operations, is expected to close by October 31, 2026, after which DL GTPL will become a wholly owned subsidiary.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
Scale
- 0.3% of FY26 revenue
₹8.33 Cr stated in the filing against ₹2,450.78 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
RevisedConsolidated reported EBITDA was INR908 million, reflecting a margin of 9.7%.
Operating EBITDA for the quarter stood at INR854 million with a margin of 18%.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- So you will start seeing it in the somewhere in the end of quarter 3 and start of quarter 4, the whole benefit (management committed by Q4 FY27)
- So this year, you will see that somewhere around 40% to 50% benefit has come over the year because we are expa (management committed by FY27)
Evidence
- GTPL Hathway Limited has submitted to the Exchange, the financial results for the quarter and half year ended September 30, 2026.(opens the original filing in a new tab)
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
- Earlier statement · Q4 FY26
How CapitSignal classified this
- Reasoning:
- The deal converts DL GTPL into a wholly owned subsidiary, simplifying GTPL Hathway's ownership of a cable-TV distribution business. DL GTPL's turnover declined from Rs. 705.92 million in FY 2023-24 to Rs. 637.11 million in FY 2025-26.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%