Yes Bank keen to oust current Dish TV board

[Aliens007]

Why are ace investors like Mukul Agrawal buying the shares of Dish TV? Is a turnaround happening?

Why are ace investors like Mukul Agrawal buying the shares of Dish TV? Is a turnaround happening?

in.investing.com

 

[Aliens007]

Dish-Yes Bank stalemate continues as company refuses to induct directors

Many investors believe that all three directors run the risk of being booted out as Dish TV has not considered getting a single director from the list of seven directors first proposed by Yes Bank

www.livemint.com

 

[Prasad06]

Yes Bank transfers Dish tv shares to JC Flowers Asset Reconstruction Co.

 

[Aliens007]

So,
JC Flowers Asset Reconstruction Co. Is the new owner of Dishtv.

YES Bank transfers invoked shares of 7 cos including Dish TV to JC Flowers

Yes Bank has transferred invoked shares of seven companies, including Dish TV, Asian Hotels (North) and Avantha Realty, to JC Flowers Asset Reconstruction, which has been assigned to recover debt worth over Rs 48,000 crore of the private sector

www.business-standard.com

 

[satyajeet]

So,
JC Flowers Asset Reconstruction Co. Is the new owner of Dishtv.

YES Bank transfers invoked shares of 7 cos including Dish TV to JC Flowers

Yes Bank has transferred invoked shares of seven companies, including Dish TV, Asian Hotels (North) and Avantha Realty, to JC Flowers Asset Reconstruction, which has been assigned to recover debt worth over Rs 48,000 crore of the private sector

www.business-standard.com

We can say them as temporary shareholder. Ultimately they will sell it to recover debt.

 

[Aliens007]

We can say them as temporary shareholder. Ultimately they will sell it to recover debt.

Good,
Hope Airtel or tataplay will buy those share.

 

[satyajeet]

Good,
Hope Airtel or tataplay will buy those share.

Adani should buy.

 

[Prasad06]

Dish tv investors reach out to I&B ministry

Dish TV investors reach out to I&B ministry

In a letter to I&B secretary Apurva Chandra, the association of Dish TV minority investors asked the government to clear the names of directors

www.livemint.com

 

[satyajeet]

The 18-month fight between the largest shareholder and Subhash Chandra for control of Dish TV India Ltd has now entered the last lap after the country’s third-largest satellite television provider agreed to induct two independent directors recommended by Yes Bank Ltd on its board.
"........we remain hopeful that before the end of the next financial year, Dish TV’s sale process should be completed."

Battle for Dish TV control nears end

On Friday, Dish TV told the exchanges that its two-member board had considered the candidatures of Girish Paranjpe and Arvindnachya Chandranachya and advised the management to seek consent from both executives.

www.livemint.com

 

[Aliens007]

The 18-month fight between the largest shareholder and Subhash Chandra for control of Dish TV India Ltd has now entered the last lap after the country’s third-largest satellite television provider agreed to induct two independent directors recommended by Yes Bank Ltd on its board.
"........we remain hopeful that before the end of the next financial year, Dish TV’s sale process should be completed."

Battle for Dish TV control nears end

On Friday, Dish TV told the exchanges that its two-member board had considered the candidatures of Girish Paranjpe and Arvindnachya Chandranachya and advised the management to seek consent from both executives.

www.livemint.com

@Vadirocks
Dishd2h selling their business, it's good news, keep eye on this matter also.