July 24, 2024
London Stock Exchange plc.
10 Paternoster Square
London
EC4M 7LS
Ref. : Stock (Dish TV India) - GDR-MIC - XLOM
Sub. : Outcome of Board Meeting
Dear Sir/Madam,
This is to inform you that, the Board of Directors of Company, at their meeting held today, i.e. July 24, 2024, has inter-alia:
1. considered and granted its In-Principal approval to explore and initiate the process of raising of funds through permissible means under applicable laws including but not limited to, by way of, issue of equity shares/ convertible bonds/ debentures/ warrants/ preference shares/ foreign currency convertible bond (FCCB) / any other equity linked securities and/ or any other securities including through preferential issue on a private placement basis, qualified institutional placement or any other methods or combinations thereof, listed or unlisted, for an amount not exceeding Rs. 1000 crores, in one or more tranches, subject to such approvals as may be required;
2. considered and approved incorporation / establishing of a Wholly Owned Subsidiary of the Company in India with such name as may be approved by the concerned approving authority, inter-alia to undertake the business of distribution of products and services through a robust digital platform and also provide ancillary services; &
3. considered and approved the Notice of Postal Ballot for seeking approval of the Shareholders for raising of funds as mentioned above.
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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