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.
74%Acquisition stake
balance equity stake in DL GTPL to be acquired
Rs. 8,32,50,000Cash consideration
aggregate consideration for 88,800 DL GTPL shares
Rs. 937.50Price per share
acquisition consideration per DL GTPL equity share
Rs. 637.11 millionDL GTPL FY 2025-26 turnover
reported turnover of the subsidiary
October 31, 2026Expected completion
expected transaction completion date