Under the instructions of SEBI, Dish TV finally declared the results of the voting on the 3 resolutions done at the 33rd AGM held on 30th December. The details were disclosed on 08-Mar after SEBI gave Dish TV just 24 hours to disclose the results to the exchange. Dish TV has now reported that all the 3 resolutions put to vote at the AGM had failed to get the requisite majority to be passed and hence all the 3 resolutions had to be dropped.
The three resolutions pertained to adoption of audited financial statements, re-appointment of Ashok Kurien as director and finally the ratification of remuneration of cost auditors for FY22. The shareholder vote was conducted through e-voting. SEBI had directed freezing of demat accounts of the directors till the disclosure. Dish TV now plans to file a legal suit against SEBI for the freezing and forcing them disclose the outcome of AGM.
Under the instructions of SEBI, Dish TV finally declared the results of the voting on the 3 resolutions done at the 33rd AGM held on 30th December. The details were disclosed on 08-Mar after SEBI gave Dish TV just 24 hours to disclose the results to the exchange. Dish TV has now reported that all the 3 resolutions put to vote at the AGM had failed to get the requisite majority to be passed and hence all the 3 resolutions had to be dropped.
The three resolutions pertained to adoption of audited financial statements, re-appointment of Ashok Kurien as director and finally the ratification of remuneration of cost auditors for FY22. The shareholder vote was conducted through e-voting. SEBI had directed freezing of demat accounts of the directors till the disclosure. Dish TV now plans to file a legal suit against SEBI for the freezing and forcing them disclose the outcome of AGM.