Circ re. (Outcome of Board Meeting)

Dish TV India

26/05/2022 10:54

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RNS Number : 9119M  Dish TV India Limited  26 May 2022

May 25, 2022

London Stock Exchange plc.

10 Paternoster Square

London

EC4M 7LS

 

Subject: Outcome of Board Meeting of the Company held on May 25, 2022

Dear Sir/Madam,

Pursuant to applicable regulations of Securities and Exchange Board of India
(Listing Obligation and Disclosure Requirements) Regulations, 2015, including
Regulation 30, this is to inform you that the Board of Directors of the
Company at the meeting held today, i.e. May 25, 2022 has inter-alia:

a)         Upon receipt of requisite approval from the Ministry of
Information and Broadcasting and on the recommendation of the Nomination and
Remuneration Committee, approved the appointment of Mr. Rajagopal Chakravarthi
Venkateish (DIN: 00259537) as Non- Executive Independent Director with effect
from May 25, 2022 for a term of 5 consecutive years. The said appointment is
subject to the approval of the shareholders of the Company.

 

The said appointment of Mr. Rajagopal Chakravarthi Venkateish has been done
basis inter-alia the confirmation that he is not debarred from holding the
office of Director pursuant to any SEBI order or any other such authority; and

 

b)        Approved revised notice convening of the Extra Ordinary
General Meeting ('EGM') of the Equity Shareholders of the Company to be held
on Friday, June 24, 2022 through Video Conferencing ('VC') / Other Audio
Visual Means ('OAVM');

 

In regard of the above appointment, please find enclosed the details required
under Regulation 30 of the Listing Regulations read with SEBI Circular No.
CIR/CFD/CMD/4/2015 dated 9(th) September, 2015;

 

The Board meeting commenced at 15:15 Hrs and concluded at 16:00 Hrs.

 

You are requested to kindly take the above on record.

 

Thanking you,

Yours faithfully,

For Dish TV India Limited

 

 

Ranjit Singh

Company Secretary and Compliance Officer

Membership No. A15442

Encl.: As above

Details required under Regulation 30 of the Listing Regulations read with SEBI
Circular No. CIR/CFD/CMD/4/2015 dated 9(th) September, 2015

 

 S. No  Particulars                                                                   Details
 1.     Reason for change viz. appointment, resignation, removal, death or otherwise  Mr. Rajagopal Chakravarthi Venkateish (DIN: 00259537) has been appointed as
                                                                                      Non-Executive Independent Director.
 2.     Date of appointment/ cessation (as applicable)                                May 25, 2022
 3.     Term of appointment                                                           In terms of the Companies Act, 2013 and other applicable provisions, Mr.
                                                                                      Rajagopal Chakravarthi Venkateish shall hold for a term of 5 consecutive years
                                                                                      commencing from May 25, 2022 to May 24, 2027, subject to the approval of the
                                                                                      shareholders of the Company.
 4.     Brief Profile (in case of appointment)                                        Mr. Rajagopal Chakravarthi Venkateish has an impressive track record spanning
                                                                                      over more than two decades. Mr. Venkatiesh has done his MBA in Management from
                                                                                      IIM - Calcutta and Bachelor of Technology from IIT-Madras.  He has served as
                                                                                      Country Head of Oral-B, India (1996-2001), Managing Director of Kellogg's,
                                                                                      India (2000-2003), Managing Director of ESPN Star Sports (2003-2010), Chief
                                                                                      Executive Officer of Dish TV India Limited (2010-2015) and is a Whole Time
                                                                                      Director of Lex Sportel Vision since 2017. He has also been on the Board of
                                                                                      Directors of the Indian Broadcasting Foundation (IBF). He has varied and
                                                                                      strong business background in Media & Entertainment Industry.
 5.     Disclosure of relationship between Directors (in case of appointment of a     Mr. Venkateish is not related to any Director on the Board of the Company.
        Director)

 

 

 

 

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