GTPL Hathway appoints Piyush Pankaj as CFO starting Oct 1, 2026

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Piyush Pankaj appointed CFO effective October 1, 2026
  • Gurjeev Singh Kapoor joins as Additional Director
  • Ashwinkumar Patel appointed Company Secretary
  • Tavinderjit Singh Panesar resigns from the Board
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*this image is generated using AI for illustrative purposes only.

GTPL Hathway has appointed Piyush Pankaj as Chief Financial Officer effective October 1, 2026, replacing Saurav Banerjee who superannuates on September 30, 2026. The Board also approved the appointment of Ashwinkumar Patel as Company Secretary and Gurjeev Singh Kapoor as Additional Director.

The appointments were approved during the Board meeting held on September 18, 2026, following recommendations from the Nomination and Remuneration Committee.

Key Appointments

Mr. Piyush Pankaj currently serves as Business Head - B2B (CATV & Broadband) and Chief Strategy Officer at the company. He brings over 28 years of experience to the role, having been associated with GTPL Hathway for the last 10 years. Mr. Pankaj is a Chartered Financial Analyst (CFA) and holds an MBA in Finance & IT from the Institute of Chartered Financial Analysts of India (ICFAI).

Mr. Ashwinkumar Patel will assume the role of Company Secretary and Compliance Officer (Key Managerial Personnel) effective September 19, 2026. A Fellow Member of the Institute of Company Secretaries of India (ICSI), Mr. Patel has over 20 years of experience in secretarial and legal functions. He previously served in various roles at Electrotherm (India) Limited for approximately 18 years.

Board Changes

The Board appointed Mr. Gurjeev Singh Kapoor as an Additional Director (Non-Executive Non-Independent Director) effective October 1, 2026. His appointment is subject to shareholder approval, after which he will be liable to retire by rotation in accordance with the Companies Act, 2013.

Mr. Kapoor is a media industry veteran with over 30 years of leadership experience. He currently serves as CEO at Hathway Cable and Datacom Limited (HCDL). Prior to this, he worked at ESPN, Discovery, Sony Pictures, and Disney Star, where he served as Head of Distribution & International business. He holds a Bachelor of Engineering degree from Delhi College of Engineering, an MBA from the Faculty of Management Studies, Delhi, and a diploma in Digital Business leadership from Cornell University.

Concurrently, the Board noted the resignation of Mr. Tavinderjit Singh Panesar as Non-Executive Non-Independent Director due to personal reasons, effective immediately.

Historical Stock Returns for GTPL Hathway

1 Day5 Days1 Month6 Months1 Year5 Years
+0.60%-4.67%+5.40%-1.21%-51.55%-75.87%
Disclaimer: This article is AI-generated using data from LiveSquawk. ScanX is not liable for any inaccuracies.

How might Piyush Pankaj's internal promotion and CFA background influence GTPL Hathway's financial strategy and cost-optimization efforts in the competitive broadband sector?

What impact could Gurjeev Singh Kapoor's extensive media industry experience have on GTPL Hathway's content partnerships and digital distribution strategies?

Will the addition of an Additional Director strengthen the board's oversight capabilities, or does it raise concerns about governance balance given the concurrent resignation of another non-executive director?

GTPL Hathway completes ACT Group cable TV acquisition for ₹35.55 crore

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Reviewed by
Naman SScanX News Team
Key Highlights
  • GTPL Hathway has completed the acquisition of ACT Group's cable TV business
  • The deal was concluded for ₹35.55 crore
  • The transaction expands GTPL Hathway's presence in the cable television distribution segment
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GTPL Hathway has completed the acquisition of ACT Group's cable TV business for ₹35.55 crore, marking a consolidation move in the cable television segment.

Acquisition details

The following table summarises the key parameters of the transaction:

Parameter Details
Acquirer GTPL Hathway
Target ACT Group's cable TV business
Deal value ₹35.55 crore
Transaction status Completed

The completion of this acquisition adds ACT Group's cable TV operations to GTPL Hathway's existing portfolio, expanding its footprint in the cable television distribution space.

Historical Stock Returns for GTPL Hathway

1 Day5 Days1 Month6 Months1 Year5 Years
+0.60%-4.67%+5.40%-1.21%-51.55%-75.87%
Disclaimer: This article is AI-generated using data from LiveSquawk. ScanX is not liable for any inaccuracies.

How will GTPL Hathway plan to integrate ACT Group's subscriber base and technical infrastructure to achieve operational synergies?

What is the expected impact of this acquisition on GTPL Hathway's revenue growth and market share in the specific regions where ACT Group operated?

Will this consolidation move trigger further M&A activity among other regional cable operators facing pressure from DTH and OTT platforms?

More News on GTPL Hathway

1 Year Returns:-51.55%