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RNS Number : 9749P Dish TV India Limited 23 June 2022
June 23, 2022
London Stock Exchange plc.
10 Paternoster Square
London
EC4M 7LS
Subject: Update regarding a suit filed by World Crest Advisors LLP
against, inter-alia, Catalyst Trusteeship Limited and Yes Bank Limited
Dear Sir
This is in continuation of our earlier disclosures including the disclosure
dated June 19, 2022, regarding a suit filed by World Crest Advisors LLP
("Plaintiff"), a promoter group entity, against, inter-alia, Catalyst
Trusteeship Limited and Yes Bank Limited, before the Hon'ble High Court of
Judicature at Bombay ("Court"). The Company is one of the defendants in the
said Suit.
Vide disclosure dated June 19, 2022, the Company had informed that the Company
was served with an Appeal preferred by the Plaintiff before the Division Bench
of the Court against an order dated June 17, 2022 of a Single bench of the
Court, which had not granted the ad-interim relief of the Plaintiff seeking,
inter-alia, that pending hearing and final disposal of the Suit, Yes Bank
Limited be restrained from voting at the Extra-Ordinary General Meeting
("EGM") of the Company scheduled to be held on June 24, 2022.
The Division Bench of the Court, through an order pronounced today, has
dismissed the Appeal so filed by the Plaintiff. The order of the Hon'ble High
Court in the matter is yet to be published.
This is for your information and records.
Yours truly,
For Dish TV India Limited
Ranjit Singh
Company Secretary & Compliance Officer
Membership No.: A15442
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