Hathway Cable & Datacom Share price

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 theownership of our Company pursuant to the provisions of the Companies Act by a certificate of incorporationdated February 16 1999. Our Company became a public limited company and the word "private" was deletedfrom its name pursuant to a special resolution of our shareholders at an extra ordinary general meeting held onAugust 26 2009 and a fresh certificate of incorporation was issued to our Company on September 7 2009. TheCompany entered into the business of providing broadband internet services from March 2000.Changes in the Registered OfficeAt the time of incorporation our Company?s 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 waschanged to 7 Malhotra House 1st Floor Fort Street Opp. GPO Mumbai 400 001 for administrativeconvenience. Subsequently with effect from December 01 1995 the registered office of the Company waschanged to Wadia Building 17/19 Dalal Street Fort Mumbai 400 001 due to change in the ownership of ourCompany. Further with effect from August 5 1998 the registered office of the Company was shifted to itspresent registered office at Rahejas 4th Floor Corner of Main Avenue & VP Road Santacruz (West) Mumbai400 054 for administrative convenience.Key events and milestonesOur Company has been awarded the "Best MSO" as part of the Indian Telly Award for the years 2002 20032005 2006 2007 and 2008.Year Particulars1998 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 200000 direct cable television subscribers during the two years ended March 312004 Launched digital cable service. Reached 100000 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 320000 broadband subscribers. Launched digital video recorder (DVR) service becoming the first Indian cable television services provider to do so.