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Hathway Cable and Datacom Ltd.

BSE: 533162 | NSE: HATHWAY |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE982F01036 | SECTOR: Media & Entertainment

BSE Live

Jun 16, 16:00
27.30 -0.45 (-1.62%)
Volume
AVERAGE VOLUME
5-Day
3,170,864
10-Day
2,141,660
30-Day
1,166,612
1,677,083
  • Prev. Close

    27.75

  • Open Price

    28.00

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Jun 16, 16:01
27.30 -0.45 (-1.62%)
Volume
AVERAGE VOLUME
5-Day
29,744,089
10-Day
20,431,615
30-Day
11,167,672
13,479,921
  • Prev. Close

    27.75

  • Open Price

    27.95

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    27.30 (41599)

Company History - Hathway Cable and Datacom
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 Companys 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.
 
 -Indias 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.