Hathway Cable & Datacom Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
HATHWAY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Hathway Cable & Datacom has informed the stock exchanges that an arbitration initiated in 2023 by minority shareholders of its former joint venture, Hathway Rajesh Multichannel Private Limited (HRMC), has been resolved through mutual settlement. The company and the minority shareholders signed consent terms, and the arbitrator passed an Award on July 29, 2025 in line with those terms. The company has clearly stated that there is no financial, business, or operational impact from this award. The award was received by the company on July 31, 2025.
This is a neutral to mildly positive development for shareholders — the long-pending dispute has been settled amicably with no financial or operational impact, removing the overhang of an unresolved arbitration on the stock.