About Us
We at Hathway are guided by a vision - “To be a single point access provider, bringing into the home and work place a converged world of information, entertainment and services. Promoted by the Raheja Group, Hathway is one of the largest MSO & cable broadband service providers in India.
Hathway Cable & Datacom Limited (Hathway) is one of the India’s leading Cable Broadband service provider. It also provides Cable Television services through its wholly owned subsidiary – Hathway Digital Private Limited, which is one of the largest Multisystem operator in India.
Hathway holds a PAN India ISP license and was the first cable television services provider to offer High-speed cable broadband services across 16 cities (4 metros and 3 mini metros), having more than approx. 5.5 mn Home passed and 0.77 mn Subscribers as on Q1FY19.
Cable Television: One of India’s largest MSO, across various regions of the country and transmitting the same to LCOs or directly to subscriber’s Extensive network connecting 7.2 Mn digital cable subscribers / households across 350 cities and major towns.
Hathway has been awarded the best MSO by the Indian Telly Awards for its quality Cable TV and Broadband Internet Services nine times and "Star News Brand Excellence Awards for Brand Excellence in Digital Products for Internet Services in 2011". Hathway has been voted as one of the best managed media companies in Asia 2013 based on a study conducted by EUROMONEY.
Board of Directors
“Hathway’s mission is to provide an incomparable world class TV viewing & Broadband experience to every Indian customer.”
Mr. Rajendra Hingwala
Chairman & Independent Director
Ms. Naina Krishna Murthy
Independent Director
Mr. Akshay Raheja
Non-Executive Director
Mr. Viren Raheja
Non-Executive Director
Mr. Saurabh Sancheti
Non-Executive Director
Ms. Geeta Fulwadaya
Non-Executive Director
Audit Committee
The composition of the Committee is as under
Mr. Rajendra Hingwala
Chairman
Mr. Viren Raheja
Member
Ms. Naina Krishna Murthy
Member
The Committee shall have the following powers:
- To investigate any activity within its terms of reference.
- To seek information from any employee.
- To obtain outside legal or other professional advice.
- To secure attendance of outsiders with relevant expertise, if it considers necessary.
The terms of reference of the Committee is as under:
- Oversight of the Company’s financial reporting process and the disclosure of its financial information to ensure that the financial statement is correct, sufficient and credible.
- Recommending to the Board, the appointment, remuneration and terms of appointment, re-appointment and, if required, the replacement or removal of the auditors.
- Approval of payment to statutory auditors and cost auditors, for any other services rendered by the statutory auditors.
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Reviewing with the management, the annual financial statements and auditor’s report thereon before submission to the Board for approval, with particular reference to:
- Matters required to be included in the Directors’ Responsibility Statement to be included in the Board’s Report in terms of clause (c) of sub-section 3 of section 134 of the Companies Act, 2013.
- Changes, if any, in accounting policies and practices and reasons for the same.
- Major accounting entries involving estimates based on the exercise of judgment by the management.
- Significant adjustments made in the financial statements arising out of audit findings.
- Compliance with listing and other legal requirements relating to financial statements.
- Disclosure of any related party transactions.
- Modified Opinion(s) in the draft audit report.
- Management discussion and analysis of financial condition and results of operations;
- Management letters / letters of internal control weaknesses issued by the statutory auditors;
- Internal audit reports relating to internal control weaknesses; and
- The appointment, removal and terms of remuneration of the chief internal auditor shall be subject to review by the Audit Committee;
- Statement of deviations, if any:
- quarterly statement of deviation(s) including report of monitoring agency, if applicable, submitted to stock exchange(s) in terms of Regulation 32(1) of SEBI LODR.
- annual statement of funds utilized for purposes other than those stated in the offer document/prospectus/notice in terms of Regulation 32(7) SEBI LODR.
Business Responsibility and Sustainability Committee
The composition of the Committee is as under
Mr. Viren Raheja
Chairman
Mr. Saurabh Sancheti
Member
- To formulate and recommend to the Board, a Business Responsibility and Sustainability Policy or framework inter-alia covering Environmental, Social and Governance (ESG) principles and to recommend appropriate changes / modifications to the policy, from time to time.
- Oversee the effective implementation of Business Responsibility and Sustainability Policy or framework of the Company from time to time.
- To review performance on Business Sustainability goals, targets and strategy and provide guidance to achieve the same.
- To review and recommend Business Responsibility and Sustainability Report to the Board for its approval.
- Recommend and assist the Board in setting up and improving the ESG goals, targets and ambitions for the Group.
- Review regularly and making recommendations about changes to the charter of the Committee.
- Review fatal or serious accidents, dangerous occurrences, any material effluent or pollution problems.
- To appoint advisors/consultants to assist the Committee.
- To authorize any other official of the Company to assist the Committee in implementation and execution of Business Responsibility and Sustainability Policy.
- Carry out any other function as is mandated by the Board from time to time and / or enforced by any statutory notification, amendment or modification as may be applicable.
Corporate Social Responsibility Committee
The composition of the Committee is as under
Mr. Viren Raheja
Chairman
Mr. Saurabh Sancheti
Member
Mr. Rajendra Hingwala
Member
- Formulate and recommend to the Board, a Corporate Social Responsibility (CSR) Policy indicating the activities to be undertaken by the Company as specified in Schedule VII to the Companies Act, 2013 and any amendment thereto.
- Recommend the amount of expenditure to be incurred on the CSR activities referred to in the CSR Policy of the Company.
- Monitor CSR Policy of the Company from time to time.
- Monitor the CSR activities undertaken by the Company.
- To approve the CSR disclosures which forms part of the Annual Report, website of the Company, etc.
- Carry out any other function as is mandated by the Board from time to time and / or enforced by any statutory notification, amendment or modification as may be applicable.
Risk Management Committee
The composition of the Committee is as under
Mr. Saurabh Sancheti
Chairman
Mr. Rajendra Hingwala
Member
Mr. Ajay Singh
Member
The Committee shall have the following powers:
- To seek information from any employee.
- To obtain outside legal or other professional advice.
- To secure attendance of outsiders with relevant expertise, if it considers necessary.
The terms of reference of the Committee is as under:
- Frame Risk Management Plan and Policy.
- Oversee implementation / Monitoring of Risk Management Plan and Policy.
- Ensure that appropriate methodology, processes and systems are in place to monitor and evaluate risks associated with the business of the Company.
- Periodically review and evaluate the risk management policy, at least once in two years, with respect to risk assessment and risk management processes including by considering the changing industry dynamics and evolving complexity.
- Continually obtain reasonable assurance from management that all known and emerging risks have been identified and mitigated or managed.
- Review of development and implementation of a Risk Management Policy including identification therein of element of risk.
- Review of cyber security and related risks.
- Validate the process of Risk Management.
- Validate the procedure for Risk Minimisation.
- Keep the Board of Directors informed about the nature and content of its discussions, recommendations and actions to be taken.
- The appointment, removal and terms of remuneration of the Chief Risk Officer, if any, shall be subject to review by the Risk Management Committee.
- Carry out any other function as is mandated by the Board from time to time and / or enforced by any statutory notification, amendment or modification as may be applicable.
Nomination and Remuneration Committee
The composition of the Committee is as under
Ms. Naina Krishna Murthy
Chairperson
Mr. Viren Raheja
Member
Mr. Rajendra Hingwala
Member
Stakeholder’s Relationship Committee
The composition of the Committee is as under
Mr. Rajendra Hingwala
Chairman
Mr. Viren Raheja
Member
Ms. Geeta Fulwadaya
Member
