The Competition Commission of India has approved the acquisition of certain additional shareholding in Tata Play Limited (Tata Play) by Tata Sons Private Limited (Tata Sons) from Baytree Investments (Mauritius) Pte Ltd.

The Proposed Combination involves the acquisition of 10% shareholding in Tata Play by Tata Sons.

Tata Sons is an investment holding company, which is registered as a core investment company with the Reserve Bank of India and classified as a “Systemically Important Non-Deposit Taking Core Investment Company”.

Tata Play, formerly known as Tata Sky, is one of India’s leading content distribution platforms providing Pay TV and Over-the-top (OTT) services. It provides Direct-to-Home (DTH) television, offering broadcaster’s satellite television channels and platform services across genres and languages. Tata Play also provides Tata Play Binge, an OTT platform that brings diverse and popular OTT apps on a single user interface.

Detailed order of the Commission will follow.

Competition approval granted for Tata Sons' acquisition of additional shareholding in Tata Play; detailed order to follow. The Competition Commission approved a share acquisition in which Tata Sons will acquire an additional 10% shareholding in Tata Play from Baytree Investments (Mauritius) Pte Ltd, with a detailed order to follow. Tata Sons is an investment holding company registered as a Systemically Important Non-Deposit Taking Core Investment Company. Tata Play, formerly Tata Sky, provides Direct-to-Home television and an OTT aggregation service called Tata Play Binge.