Hathway Cable and Datacom Limited has officially announced the acquisition of the remaining 49% equity stake in its subsidiary, Hathway Channel 5 Cable and Datacom Private Limited. This transaction, completed on April 13, 2026, involved the purchase of 239,235 equity shares for a total consideration of ₹40,000. Following this acquisition, Channel 5 has transitioned from a subsidiary to a wholly owned subsidiary of the company.

The primary objective behind this acquisition is the consolidation of the company’s business operations. Channel 5, which was incorporated in November 1996, operates within the Cable TV sector and maintains a business presence in New Delhi. Notably, the acquisition did not require any governmental or regulatory approvals and was confirmed not to be a related party transaction. Despite its established presence, Channel 5 reported nil turnover for the last three fiscal years, including FY2025-26.

Hathway Cable and Datacom Limited is a leading provider of cable television and broadband internet services in India. The company operates an extensive fiber-optic network across over 350 cities and major towns, serving approximately 7.2 million digital cable subscribers. Throughout 2025, the company focused on maintaining its core operations in a highly competitive telecommunications landscape. Recent updates include the scheduled board meeting in May 2026 to approve audited financial statements and evaluate final dividend recommendations for the fiscal year.

For the third quarter ended December 31, 2025, the company reported a consolidated revenue from operations of ₹536.56 Crores. This represents a growth of 4.97% compared to ₹511.15 Crores in the corresponding quarter of the previous year (December 2024). The consolidated net profit for Q3 FY26 rose significantly by 58.74% to ₹21.70 Crores, up from ₹13.67 Crores in Q3 FY25. Prominent institutional investors associated with the company as of late 2025 include Jio Content Distribution Holdings Private Limited and Jio Internet Distribution Holdings Private Limited. Additionally, significant individual shareholders include Akshay Rajan Raheja and Viren Rajan Raheja.