REG - Dish TV India Ltd - Circ re. (Update)

Dish TV IndiaAnnouncement

05/09/2023 10:30

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RNS Number : 4388L  Dish TV India Limited  05 September 2023

September 5, 2023

London Stock Exchange plc.

10 Paternoster Square

London

EC4M 7LS

 

Ref.  :  Stock (Dish TV India) - GDR-MIC - XLOM

 

Subject: Update regarding a suit filed by World Crest Advisors LLP ("World
Crest")

 

Dear Sir/Madam,

 

This is in continuation of our earlier intimation(s), regarding a suit filed
by World Crest Advisors LLP ("World Crest"), a promoter group entity, against,
inter-alia, Catalyst Trusteeship Limited, Yes Bank Limited and J.C. Flowers
Asset Reconstruction Private Limited, before the Hon'ble High Court of
Judicature at Bombay ("Court"). The Company is one of the defendants in the
said Suit.

In the said Suit, by an Interim Application, World Crest had inter alia sought
an injunction restraining Yes Bank Limited (YBL) and J.C. Flowers Asset
Reconstruction Private Limited (JCF) from exercising rights including voting
rights in respect of the suit shares. The Hon'ble High Court of Judicature at
Bombay, through an order dated September 4, 2023, has disposed of the said
Interim Application without granting any relief to World Crest.

 

The Hon'ble High Court of Judicature at Bombay, by an order pronounced on
September 4, 2023, has disposed of the said Interim Application so filed by
the Plaintiff. There is no financial impact of this order on the Company.

This is for your information and record.

 

Thanking you,

 

Yours faithfully,

For Dish TV India Limited

 

 

 

Ranjit Singh

Company Secretary & Compliance Officer

Membership No. A15442

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