Yes Bank acquires 24 per cent stake in Dish TV following invocation of pledged shares

Yes Bank on Sunday announced that it has acquired over 24 per cent stake in Dish TV India following invocation of pledged shares due to debt default by the DTH service provider and other group firms. Yes Bank Limited, pursuant to invocation of pledged shares, has acquired 44,53,48,990 equity shares of Dish TV India Limited constituting approximately 24.19 per cent of the post-issue paid-up share capital as at March 31, 2020.

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