Tata Sons secures CCI approval for increased stake in Tata Play

10 April 2025

Tata Sons, the parent company of Tata Play, has received the green light from the Competition Commission of India (CCI) to acquire an additional 10% stake in the country’s largest DTH (Direct-to-Home) operator.

With this acquisition, Tata Sons has boosted its ownership in Tata Play from 60% to 70%. The additional stake was purchased from Baytree Investments (Mauritius) Pte, an affiliate of Singapore’s sovereign wealth fund, Temasek Holdings, according to a report by Reuters.

Walt Disney continues to hold the remaining 30% stake in Tata Play. As the DTH market in India faces challenges, the recent move by Tata Sons signifies a strategic effort to strengthen its position in the sector.