InvestorQ : What is the continuing dispute now between YES Bank and Dish TV?
Angel dcosta made post

What is the continuing dispute now between YES Bank and Dish TV?

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Juvina Maggie answered.
1 month ago
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Dish TV is now gearing up for a virtual legal and a boardroom showdown with its largest shareholder, YES Bank. It may be recollected that recently YES bank had called for an EGM to appoint 6 of its nominees to the board of Dish TV. YES Bank is the largest shareholder of Dish TV with 26% stake, which was due to invoking the pledged shares of Dish TV.

Dish TV wants YES Bank to make an open offer if it wants to take control of Dish TV. Also, any management change in the media sector requires prior I&B Ministry approval.

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