GTPL Hathway Ltd

Acquisition of DL GTPL Cabnet Private Limited

• Target: DL GTPL Cabnet Private Limited, cable TV distribution operator in India.
• Turnover FY2025-26: Rs 637.11 million.
• Turnover FY2024-25: Rs 699.67 million; FY2023-24: Rs 705.92 million.
• Acquisition: 74% stake (88,800 shares) for Rs 83.25 million; price Rs 937.50 per share.
• Post-acquisition, DL GTPL will become a wholly owned subsidiary.
• Consideration: cash; completion expected by 31 October 2026.
• Related party: six transferors are related parties of DL GTPL; no promoter interest; arm's length.
• Regulatory approvals: none required.
• Background: Incorporated May 14, 2009; distributes cable television channels in India.

Correction

• Correction to covering letter date; the date should read as the AGM results filing date.

AGM Details

• Date and time: 28 Sep 2026, 12:30 PM IST, via VC/OAVM.
• Record date for voting: 21 Sep 2026.
• Shareholders on record: 28,968.

Key Resolutions and outcomes

• Resolution 1 (Ord): Adopt standalone and consolidated financial statements for FY2026; passed.
• Resolution 2 (Ord): Declare dividend on equity shares for FY2026; passed.
• Resolution 3 (Ord): Appoint Ajay Singh as Director by rotation; passed.
• Resolution 4 (Ord): Ratify remuneration of Cost Auditors for FY2027; passed.
• Resolution 5 (Special): Re-appoint Rajendra Hingwala as Independent Director; passed.
• All resolutions passed with requisite majority; one abstention (250 shares) noted.

Directors & Audit

• Ajay Singh re-appointed as Director (rotational).
• Rajendra Hingwala re-appointed as Independent Director.
• Remuneration of Cost Auditors for FY2027 ratified.

AGM details

• Held on 28 September 2026 via VC/OAVM, 12:30–1:00 IST.
• Remote e-voting from 24–27 September 2026; Insta Poll at meeting.
• Scrutiniser appointed: Chirag Shah and Raimeen Maradiya.
• Meeting chaired by Ajay Singh; quorum met; auditors present.

Key resolutions

• Adoption of standalone and consolidated financial statements for FY2026.
• Declaration of dividend on equity shares at Rs 2 per share.
• Appointment of Ajay Singh as Director retiring by rotation.
• Re-appointment of Rajendra Hingwala as Independent Director.

Dividend

• Dividend of Rs 2 per equity share approved.

Director changes

• Ajay Singh re-appointed as Director (retiring by rotation).
• Rajendra Hingwala re-appointed as Independent Director.

Voting results

• All resolutions passed with requisite majority.

GTPL Hathway Limited: Trading Window Close Period begins October 01, 2026 and ends 48 hours after Unaudited Financial Results for the quarter and half year ending September 30, 2026 become generally available information.

Appointment of Company Secretary and Compliance Officer

• Mr. Ashwinkumar Patel appointed as Company Secretary and Compliance Officer (KMP) with effect from September 19, 2026.
• He is a Fellow ICSI with 20+ years in secretarial, legal compliance, and corporate governance.

Acquisition details

• Target: cable television business of seven ACT Group companies in India.
• Aggregate consideration: Rs 35.55 crore (after adjustments).
• Related party status: not disclosed.
• Industry: cable television and media services.
• Purpose/strategic rationale: not disclosed.
• Regulatory approvals: not disclosed.
• Timeline: acquisition completed as of September 15, 2026.
• Consideration form: cash.
• Shareholding acquired: not disclosed.
• Background: cable TV business of ACT Group; incorporation and turnover details not disclosed.