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Company Information

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HATHWAY CABLE & DATACOM LTD.

25 July 2025 | 12:00

Industry >> Entertainment & Media

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ISIN No INE982F01036 BSE Code / NSE Code 533162 / HATHWAY Book Value (Rs.) 24.48 Face Value 2.00
Bookclosure 15/08/2016 52Week High 25 EPS 0.52 P/E 29.07
Market Cap. 2688.79 Cr. 52Week Low 12 P/BV / Div Yield (%) 0.62 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was incorporated on August 7, 1959 in Mumbai as Chics Display Services Private Limited. Subsequently, our name was changed to Hathway Cable & Datacom Private Limited due to a change in the ownership of our Company, pursuant to the provisions of the Companies Act by a certificate of incorporation dated February 16, 1999. Our Company became a public limited company and the word "private" was deleted from its name pursuant to a special resolution of our shareholders at an extra ordinary general meeting held on August 26, 2009 and a fresh certificate of incorporation was issued to our Company on September 7, 2009. The Company entered into the business of providing broadband internet services from March 2000.

Changes in the Registered Office

At the time of incorporation, our Company's registered office was situated at People Building, 5th Floor, Sir P. Mehta Road, Fort, Mumbai 400 001. With effect from April 20, 1961, the registered office of the Company was changed to 7, Malhotra House, 1st Floor, Fort Street, Opp. GPO, Mumbai 400 001 for administrative convenience. Subsequently, with effect from December 01, 1995, the registered office of the Company was changed to Wadia Building, 17/19, Dalal Street, Fort, Mumbai 400 001 due to change in the ownership of our Company. Further, with effect from August 5, 1998, the registered office of the Company was shifted to its present registered office, at Rahejas, 4th Floor, Corner of Main Avenue & VP Road, Santacruz (West), Mumbai 400 054 for administrative convenience.

Key events and milestones

Our Company has been awarded the "Best MSO" as part of the Indian Telly Award for the years 2002, 2003, 2005, 2006, 2007 and 2008.

Year                                             Particulars

1998                           The Promoters and their relatives acquired a 100% stake in our Company in March 1998.

2000                           NewsCorp acquired a 26% equity interest in our Company.

2000                           We started providing broadband services on DOCSIS technology.

2002                           We acquired 200,000 direct cable television subscribers during the two years ended March 31,

2004                           Launched digital cable service.
                                   Reached 100,000 broadband subscribers.

                                   We launched distribution of cable television services through addressable systems (CAS) in
                                   certain CAS notified areas of Chennai, Delhi and Mumbai.

2007                           Monet acquired a 15% equity interest in our Company.

                                  We acquired two major MSOs in Maharashtra: Hathway Rajesh Multichannel Private Limited
                                   and Hathway MCN Private Limited.

                                   We acquired 50% equity interest in a large independent MSO in Gujarat: Gujarat Telelink
                                   Private Limited.

2008                           We acquired 51% equity interest in Hathway Bhaskar Multinet Private Limited in Madhya
                                   Pradesh, which owned a majority equity interest in three large independent MSOs in
                                  Chhattisgarh.

                                  Kaup Capital, MSPI and Arcadia invested in compulsorily convertible debentures of our
                                  Company and which were convertible into Equity Shares in accordance with the terms thereof.

2009                          Reached one million digital cable television subscribers. 

                                  Reached approximately 320,000 broadband subscribers.

                                  Launched digital video recorder (DVR) service, becoming the first Indian cable
                                  television services provider to do so.
2010

-Mr. G. Subramanian has been appointed as Chief Financial Officer (CFO) of the Company.

2011

-Mr. Hursh Shrivastava was appointed as a Director of the Company.

2012

-Hathway Cable and Datacom launches their digital cable TV services in Gujranwala Town (Model Town), near Delhi University.

-Hathway launches digital cable and broadband combo.

-Hathway launches Hindi Music channel in Bangaluru.

-Hathway introduce HD Services Pan India

2013

- Hathway Broadband tied up with D-Link Direct Service to launch Wi-Fi Broadband Homes to offer high speed Wi-Fi routers.

-MSO Hathway uses the highly integrated systems-on-chips (SoC) from STMicroelectronics (ST) in order to power their HD STBs.

-India's MSO Hathway has installed 6.8 million STBs in Phase I and II cities during the year.

2014

- Hathway launched Hathway CCC Cine Channel and 50 Mpbs Docsis 3.0 ultra high speed broadband and 150 additional Standard Definition (SD) channels and four additional High Definition (HD) TV channels

-Hathway launched online & TV Service,H-tube and HD Personal Video Recorder

-Hathway joins hands with EROS to launch broadband movie services

- Appointment of Mr. Brahmal Vasudevan, Mr. Sasha Mirchandani, Mr. Sridhar Gorthi and Mr. Devendra Shrotri as Independent Directors for a term of Five Years during the year.

2015 -The Company has splits its face value from Rs. 10/- to Rs. 2/-.

2021 -"Hikal signs 10 year multi product contract with a leading global pharmaceutical innovator Company".

2024 -The Company BOD Informed Acquisition of balance equity shares of Hathway Cable MCN Nanded Private Limited.