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RNS Number : 1119K Dish TV India Limited 22 August 2023
August 22, 2023
London Stock Exchange plc.
10 Paternoster Square
London
EC4M 7LS
Ref.
: Stock (Dish TV India) - GDR-MIC - XLOM
Sub. : Update
Dear Sir/Madam,
This is to inform you that Company has received communications from BSE
Limited and National Stock Exchange of India Limited ('Stock Exchanges') both
dated August 21, 2023, wherein fine has been imposed on the Company, under
SEBI's SOP Circular, for non-compliance of Regulations 17(1) and 17(2A) of the
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for
the quarter ended June 30, 2023.
It is submitted that the above mentioned non-compliances in respect to
reduction in the Board strength was primarily on account of non-approval of
shareholders for the appointment of Directors and that the same were beyond
the control of the Board or the Company. The Company shall be making the
payment of the fines and shall also be submitting waiver applications with the
Stock Exchanges.
We request you to take the above on record.
Thanking you,
Yours truly,
For Dish TV India Limited
Ranjit Singh
Company Secretary & Compliance Officer
Membership No. A15442
Contact No.:+ 91-120-504-7000
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