GTPL Hathway Limited has informed the Exchange about Acquisition of balance equity shares of GTPL Vision Services Private Limited, a subsidiary of the Company.
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GTPL Hathway Limited has completed the acquisition of the remaining 49% equity stake (1,00,000 equity shares of Rs. 10 each) in GTPL Vision Services Private Limited, its existing subsidiary. Following this acquisition on August 5, 2025, GTPL Vision Services has become a wholly owned subsidiary of GTPL Hathway. This is the conclusion of a process that was previously intimated to the exchange on December 31, 2024, March 31, 2025, and June 30, 2025. The shares were acquired from the existing shareholders of the subsidiary company.
This move gives GTPL Hathway complete ownership and full control over GTPL Vision Services, which can simplify decision-making, consolidate 100% of the subsidiary's profits, and streamline operations. For shareholders, the impact is likely neutral to slightly positive as it removes minority interests but does not change the overall scale of the business significantly.