The lender, which holds 25.93% stake stake in Dish TV, had sought the removal of the firm's directors Jawahar Lal Goel and four others, and appointment of its own nominees
The board of Dish TV "unanimously agreed that EGM cannot be called, as sought by Yes Bank Ltd" to remove its Managing Director Jawahar Goel along with four other directors, besides others
HFCL, Delta Corporation, Krsnaa Diagnostics, Ramkrishna Forgings, Saregama India, Tata Metaliks and Tinplate Company of India are slated to post their Q2 results today
The Direct-to-Home (DTH) service provider on September 19, had sought an extension to hold shareholders' meet citing time required for any change in the CEO or the board of directors of the company
ZEEL board has three weeks to call the EGM
Stock market Live: The Nifty Realty rose nearly 3 per cent, while Nifty IT was up 1.6 per cent
Mining giant Vedanta on Thursday said it will delist its American depositary shares and concentrate all trading of its equity shares on the BSE and NSE
The lender owns 25% in DISH TV while its promoters, led by Jawahar Goel, own only 6%
Yes Bank, has asked the satellite television service provider to hold an EGM of shareholders and act on its recommendations to reconstitute the company's board
In the past three trading days, the stock price of Yes Bank has appreciated by 18 per cent after the rating agency ICRA affirmed private lender's various instrument with a stable outlook
Hindustan Times purchased 20 million equity shares, representing 1.16 per cent of total equity Dish TV India for Rs 38.44 crore in a bulk deal on the NSE on 13 September.
This was after proxy advisory IIAS had raised serious corporate governance concerns in the company by asking shareholders not to vote for re-appointing the duo on the company's board
Slim chance of loan recovery, say analysts
Company plans to challenge bank over bid to sack board members
Investors looked to lock in gains after the recent rally but most dips were bought into, which left indices unchanged at close.
Shares of Dish TV India surged on Tuesday even after Yes Bank, a significant shareholder in the company, has sought the removal of the company's directors including the MD over alleged misgovernance
Mining major NMDC has slashed prices of lump ore and fines by Rs 1,000 per tonne
YES Bank has given a special notice under Section 169 of the Companies Act, 2013, which seeks the removal of Rashmi Aggarwal, Bhagwan Das Narang, Shankar Aggarwal, and Ashok Mathai Kurien, besides MD
NMDC posted an over six-fold jump in its consolidated net profit to Rs 3,191.30 crore in the first quarter ended June
Direct-to-home firm Dish TV India Ltd on Thursday reported a 34.07 per cent decline in its consolidated net profit to Rs 49.14 crore for the first quarter ended in June 2021.