REG - Dish TV India Ltd - Doc re. Update

Dish TV IndiaAnnouncement

09/03/2023 12:15

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RNS Number : 4734S  Dish TV India Limited  09 March 2023

 

March 9, 2023

 

London Stock Exchange plc.

10 Paternoster Square

London

EC4M 7LS

 

Subject:  Update

 

Dear Sir/Madam,

 

This is in continuation to the our disclosure dated January 19, 2023 in
relation to a communication received from the 'Office of the Director General
of Audit' dated January 18, 2023, in respect of conduct of Audit of License
Fee paid / payable to the Ministry of Information and Broadcasting ('MIB').
Vide the said communication, the Company had informed that MIB has proposed to
get the audit of License Fee paid/payable by all the Direct to Home ('DTH')
Operators to MIB under DTH License Agreements conducted through the office of
Director General of Audit and that the Company shall send appropriate response
to the same since the matter relating to quantum, definition, applicability
and levy of License Fee is sub-judice before the appropriate Courts.

 

In this regard, basis an Application filed by the Company in a Writ pending
before the Hon'ble High Court of Jammu & Kashmir and Ladakh at Jammu ('the
Hon'ble Court') in relation to DTH License fee, the Hon'ble Court, vide Order
dated March 2, 2023 (delivered on March 9, 2023), has directed that the
Company shall not be subjected by the MIB to suffer account audit by recourse
of article 3.1.3 of as intended by the communications issued from CAG's end
till further orders.

 

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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