Brief: Dish TV Says RBI Agreed To Compound Contravention Upon Payment of 5 Million Rupees

Dish TV India

28/07/2023 12:29

July 28 (Reuters) - Dish TV India Ltd  DSTV.NS :
    * COMPANY HAD FILED COMPOUNDING APPLICATION WITH RESERVE
BANK OF
INDIA
    * APPLICATION IN RELATION TO DELAYED/NON-REPATRIATION OF
DUES FROM
ITS OVERSEAS JV
    * RBI AGREED TO COMPOUND CONTRAVENTION UPON PAYMENT OF 5
MILLION
RUPEES BY CO
    * CO WILL DEPOSIT SAID AMOUNT WITH RBI WITHIN PRESCRIBED
TIMELINE
    * THERE IS NO IMPACT ON FINANCIAL, OPERATION OR OTHER
ACTIVITIES
OF CO

Source text for Eikon:  ID:nBSE8013Zl 
Further company coverage:  DSTV.NS 

 ((reuters.briefs@thomsonreuters.com;))