Hathway Bhawani Cabletel & Datacom Limited has submitted its quarterly compliance certificate to BSE Limited, confirming that no dematerialization requests for equity shares were received during the quarter ended March 31, 2026. The filing demonstrates the company's adherence to regulatory requirements under SEBI guidelines.

Regulatory Compliance Certificate

The certificate was filed on April 07, 2026, in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates companies to report on dematerialization activities for their equity shares on a quarterly basis.

Registrar Confirmation

KFin Technologies Limited, acting as the Registrar to an Issue and Share Transfer Agent for the company, issued the confirmation certificate dated April 06, 2026. The registrar's certificate explicitly states that no dematerialization requests for equity shares were received during the specified quarter.

V Balakrishnan, Vice President at KFin Technologies Limited, signed the confirmation certificate on behalf of the registrar. KFin Technologies operates from its registered office in Mumbai and maintains operations centers in Hyderabad.

Company Details and Submission

The certificate was signed by Priya Bhagat, Company Secretary and Compliance Officer of Hathway Bhawani Cabletel & Datacom Limited. The company maintains its registered office at 1st Floor, B-wing, Jaywant Apartment, Above SBI Bank, 63, Tardeo Road, Mumbai.

This quarterly filing represents a routine compliance requirement that publicly listed companies must fulfill to maintain transparency regarding share dematerialization activities. The zero dematerialization requests indicate no conversion of physical share certificates to electronic form occurred during the quarter.

Hathway Bhawani Cabletel & Datacom Limited has successfully acquired the remaining 49% equity stake in its subsidiary Hathway Bhawani NDS Network Limited, completing full ownership of the cable television business entity. The transaction was completed on February 05, 2026 at 06:35 p.m. (IST) for a total consideration of ₹15,190.

Transaction Details

The acquisition involved the purchase of 15,190 equity shares representing the balance 49% equity stake from existing shareholders of Hathway Bhawani NDS Network Limited ("Bhawani NDS"). The company stated that the acquisition was undertaken for consolidation of business operations, transforming Bhawani NDS into a wholly owned subsidiary.

About Hathway Bhawani NDS Network Limited

Bhawani NDS was incorporated in India on October 13, 2010, and operates in the Cable TV business with its presence in Thane, Maharashtra. The subsidiary has been part of Hathway Bhawani's business portfolio, with the parent company previously holding a 51% controlling stake.

Financial Performance Overview

The subsidiary's financial performance over the past three years shows a declining trend in turnover. The company's revenue has decreased consistently across the reported periods.

Regulatory and Compliance Aspects

The acquisition was structured as a non-related party transaction, with no involvement from the company's promoter, promoter group, or other group companies. The transaction did not require any governmental or regulatory approvals, streamlining the completion process.

Key compliance aspects of the transaction include:

• No related party transaction classification
• No promoter group interest in the transaction
• No regulatory approvals required
• Full disclosure under Regulation 30 of SEBI LODR Regulations, 2015

The completion of this acquisition strengthens Hathway Bhawani's control over its cable television operations in the Thane region and aligns with the company's strategy of consolidating its business operations under direct ownership.