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MUMBAI: Multi system operator (MSO) GTPL Hathway has increased its stake in two subsidiary companies GTPL Surat Telelink and GTPL Ahmedabad Cable Network.
The company has acquired remaining 49% stake in GTPL Surat Telelink thereby making it a wholly owned subsidiary.
In GTPL Ahmedabad Cable Network, the company has acquired 23.50% stake over and above the 51% stake that it held earlier.
The stake acquisitions were approved by the board of directors of the company at a meeting on 28 December.
As of 31 March, GTPL had 47 subsidiary and associate companies.
GTPL Hathway increases stake in two subsidiary companies | TelevisionPost.com
The company has acquired remaining 49% stake in GTPL Surat Telelink thereby making it a wholly owned subsidiary.
In GTPL Ahmedabad Cable Network, the company has acquired 23.50% stake over and above the 51% stake that it held earlier.
The stake acquisitions were approved by the board of directors of the company at a meeting on 28 December.
As of 31 March, GTPL had 47 subsidiary and associate companies.
GTPL Hathway increases stake in two subsidiary companies | TelevisionPost.com
