Dish TV investors press govt for action pleas to summon EGM go unheard
Mint Mumbai|February 14, 2023
Minority investors of Dish TV have written to finance minister Nirmala Sitharaman seeking regulatory action against the company for ignoring the investors' request several times to call an extraordinary general meeting.
Gopika Gopakumar
Dish TV investors press govt for action pleas to summon EGM go unheard

In the second such letter to the government, the investors complained that both the ministry of corporate affairs and the Securities and Exchange Board of India (Sebi) have refused to take any action despite repeated mails seeking regulatory action.

In the first letter written to the ministry of information and broadcasting (MIB) in January this year, the investors sought approval for seven independent directors proposed by the company's largest shareholder Yes Bank. The association of Dish TV minority investors asked the government to clear the names of these directors, including Girish Paranjpe, Arvind Nachaya and Haripriya Mapangada, Padmanabhan, urgently, failing which it could explore legal action.

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