Circ re. (Intimation)

Dish TV India Limited

28 July 2023

 

July 28, 2023

London Stock Exchange plc.

10 Paternoster Square

London

EC4M 7LS

Subject: Intimation regarding the decision taken by the Board on July 28, 2023, on the communication received from Vis Legis Law Practice, Advocates ('Vis Legis'), requesting for list of shareholders of Dish TV India Limited together with their requisite details.

Ref.                        :               Stock (Dish TV India) - GDR-MIC - XLOM

Dear Sir / Ma'am,

This is in continuation to Company intimations dated May 15, 2023, June 01, 2023, June 28, 2023, July 19, 2023, and July 21, 2023, in relation to communications calling an Extraordinary General Meeting ('EGM') by certain shareholders, decisions of the Board in this regard and request for list of Shareholders of the Company along with their details.

On July 21, 2023, the Company received a communication from Vis Legis, purportedly acting on behalf of 92 shareholders of the Company, calling upon the Company to provide a list of shareholders of the Company along with their registered addresses, e-mail IDs, and number of shares held, in terms of the applicable provisions of the Companies Act, 2013 to enable them to call an Extra-Ordinary General Meeting ("Communication"). Necessary intimation in this regard was filed by the Company with the Stock Exchanges on July 21, 2023.

This is to inform you that the Board of Directors of the Company at their meeting held today, i.e., July 28, 2023, considered the aforesaid Communication received on July 21, 2023.

Based on the advice obtained from an independent legal expert on this issue, the Board noted that as there was no failure on part of the Board in not calling the EGM, since the requisition received by the Company on June 29, 2023, was not 'Valid' as the same was not in compliance with the statutory requirements of Section 100 of the Companies Act, 2013. Accordingly, the Board concluded that the request for the shareholders details made by Vis Legis vide its communication dated July 21, 2023, not being in terms of the applicable regulatory provisions, cannot be acceded to.

You are requested to kindly take the above on record.

Thanking You,

Yours truly,

For Dish TV India Limited                       

Ranjit Singh

Company Secretary & Compliance Officer

Membership No.: A15442

 

END