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Leading bourses BSE, NSE impose fines on Dish TV over lack of board strength

Leading bourses BSE and National Stock Exchange have imposed penalties on DTH operator Dish TV over composition and lack of quorum for its Board meeting, according to a regulatory filing by the company.

The company which is facing a prolonged tussle between the Subhash Chandra-led promoter family ....

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interest rate: Leading bourses BSE and NSE impose fines on Dish TV over lack of board strength

The company has received the notices, imposing fines on August 21, 2023, said Dish TV in a regulatory filing on Tuesday adding "it will be making the payment of the fines and shall also be submitting waiver applications with the Stock Exchanges". ....

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dish tv: Leading bourses BSE and NSE impose fines on Dish TV over lack of board strength

The non-compliance in respect to the reduction in the board strength was primarily on account of non-approval of shareholders for the appointment of directors, which was beyond the control of the board or the company, the Direct-to-Home operator added ....

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