Overview
- The exchanges issued notices on Aug. 29 for violations of SEBI LODR Regulations 17(1) and 19(1)/(2) in the quarter ended June 30, 2025.
- Dish TV plans to pay the fines within 15 days and says there is no impact on operations beyond the monetary penalty.
- BSE and NSE instructed the company to inform promoters and place the non-compliance before the board at its next meeting, with the board’s comments to be reported back.
- The penalties follow earlier fines in 2023 and 2024 tied to similar governance lapses after shareholders rejected director appointments and certain proposals.
- The company lists a seven-member board on its website, as promoter dynamics remain fluid with Subhash Chandra’s group near 4% and YES Bank’s former 24.2% stake now with JC Flowers.