Dish TV fined by exchanges over board composition non-compliance
Dish TV India Limited announced on August 30, 2025, that it received fines from both BSE Limited and the National Stock Exchange of India Limited (NSE) for non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The penalties, totaling INR 4,55,000 for Regulation 17(1) and INR 1,14,000 for Regulation 19(1)/(2), apply to the quarter ended June 30, 2025.
The company attributes these non-compliances to a reduction in board strength due to shareholders' non-approval of director appointments, which it states was beyond the board's control.
Dish TV India Limited will pay the levied fines, including GST, within 15 days of the stock exchange communication. The company has also been advised to inform promoters and the board about the non-compliance and to convey the board's comments to the exchanges. The incident's impact is limited to the monetary fine.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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