Acquires Full Ownership of Subsidiary for Nominal Sum
Hathway Cable & Datacom Limited · HATHWAY · NSE ·
Hathway has acquired the remaining 49% stake in its subsidiary, Hathway Channel 5 Cable and Datacom Private Limited, making it a wholly owned subsidiary. The acquisition was made for a total consideration of just ₹40,000. The stated reason for the acquisition is the "consolidatio…