September 5, 2023
London Stock Exchange plc.
10 Paternoster Square
London
EC4M 7LS
Ref. : Stock (Dish TV India) - GDR-MIC - XLOM
Subject: Update regarding a suit filed by World Crest Advisors LLP ("World Crest")
Dear Sir/Madam,
This is in continuation of our earlier intimation(s), regarding a suit filed by World Crest Advisors LLP ("World Crest"), a promoter group entity, against, inter-alia, Catalyst Trusteeship Limited, Yes Bank Limited and J.C. Flowers Asset Reconstruction Private Limited, before the Hon'ble High Court of Judicature at Bombay ("Court"). The Company is one of the defendants in the said Suit.
In the said Suit, by an Interim Application, World Crest had inter alia sought an injunction restraining Yes Bank Limited (YBL) and J.C. Flowers Asset Reconstruction Private Limited (JCF) from exercising rights including voting rights in respect of the suit shares. The Hon'ble High Court of Judicature at Bombay, through an order dated September 4, 2023, has disposed of the said Interim Application without granting any relief to World Crest.
The Hon'ble High Court of Judicature at Bombay, by an order pronounced on September 4, 2023, has disposed of the said Interim Application so filed by the Plaintiff. There is no financial impact of this order on the Company.
This is for your information and record.
Thanking you,
Yours faithfully,
For Dish TV India Limited
Ranjit Singh
Company Secretary & Compliance Officer
Membership No. A15442