Yes Bank keen to oust current Dish TV board

  • Thread starter Shivub
  • Start date
  • Replies: Replies 102
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Yes Bank transfers Dish tv shares to JC Flowers Asset Reconstruction Co.
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So,
JC Flowers Asset Reconstruction Co. Is the new owner of Dishtv.
 
So,
JC Flowers Asset Reconstruction Co. Is the new owner of Dishtv.
We can say them as temporary shareholder. Ultimately they will sell it to recover debt.
 
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."
 
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."
@Vadirocks
Dishd2h selling their business, it's good news, keep eye on this matter also.
 
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